Trulia slips as Realogy throws cold water on M&A rumor

• Wells Fargo reports Realogy (RLGY +3.3%) execs downplayed the possibility their company or a rival would acquire an online real estate platform such as Trulia (TRLA -3.5%) during an investor meeting yesterday.
• Realogy pointed out such an acquisition would likely lead rival real estate brokers to pull their inventory from the acquired company.
• Previous: Trulia jumps following Realogy M&A rumor