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Trulia Shares Rise After IPO

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  • Description

    FBN’s Nicole Petallides breaks down the stocks moving the markets.

  • Duration 1:09
  • Date

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On the economy.

Back to the call JC Penney shares now that Lola I want to know why.

You know what's so interesting yes they are right.

This is the downside and that is because the CEO Ron Johnson.

Has just talked about that there are tied has been tough times they're going to continue to be.

Tough times for the retailer overall.

And dad you know the company does not use promotions and such and that the last major shopping invented -- the back to school shopping is not.

So you know yesterday this stock was at thirty to 55 it jumped on the whole presentation he was doing the store within store like safety within JC -- That type of idea it jumped to thirty to fifty yesterday only to see -- sell off after his comments all right now way to go back to truly.

The IPO today seventeen dollars and -- have real estate company I see it still off.

Yeah it's it's really doing well today was originally big in big consumers like fourteen to sixteen and they price -- at seventeenth and it's about 31% to the upside it's in the real estate world.

We'll save listings the First -- in a month and so it's a real great performance -- all right Donna of the call happy birthday thank you very much of the more people to --

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