- A rumor that real estate services giant Realogy (RLGY +1.3%) is looking to acquire Trulia (TRLA +8%), perhaps for $52/share, has led Trulia's shares to spike in afternoon trading.
- Zillow (Z +3.9%) is also up strongly on the day. Both Trulia and Zillow were already rallying on what has been a good day for Internet momentum plays.
- 15% of Trulia's float was shorted as of Oct. 31.
Trulia jumps following Realogy M&A rumor; Zillow also higher
Nov 13 2013, 15:13 ET