Realogy IPO extends real estate industry's winning streak

Shares trading up more than 25 percent in debut

Power up your Indie Brokerage
Don't miss our Indie Broker Summit SF, July 17, 2018

The real estate industry extended its perfect track record in the initial public offering arena today as shares in Realogy Corp. soared above the $27 price set by the company Wednesday.

Shares in the brokerage and franchise giant opened at $32.90 and were trading above $34 on the New York Stock Exchange this morning. Realogy’s IPO is the third largest this year, behind Facebook and Santander Mexico Financial Group, Reuters reports.