CBRE Group Inc (CBRE)

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Why is CBRE Group Inc (CBRE) Stock down?

We've noticed a 5.06% decline in CBRE Group Inc (CBRE) stock during the 2024-04-10 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

13 Sep, 2023:

CBRE Group (CBRE) stocks declined 6.71% to $79.07. CBRE, as well as many other commercial real estate brokerage firms, saw significant drops in their stock prices due to rising interest rates and strong economic data. Slower real estate transactions and concerns about potential Federal Reserve rate hikes have created a more challenging market, leading to reduced earnings expectations and increased uncertainty among analysts.

https://finance.yahoo.com/news/property-brokers-slump-high-borrowing-183338848.html