RealPage, Inc. (NASDAQ:RP), a leading provider of on-demand software and software-enabled services to the rental housing industry, today announced that the company has entered into a new revolving credit facility (the �Credit Agreement�).
Gigamon Inc. (GIMO) gained 1.66 to 13.25, or 14%, on 3 million shares. SodaStream International Ltd. (SODA), on a deal with Pepsi, spike to 26.26, and closed at 24.45, up 3.26, or 15%, on 8.9 million shares.
Investors were concerned that Apartments.com faced strong competition from Trulia and Zillow. In addition, a company called RealPage, Inc. made some negative comments about the health of the multifamily marketing end market that spooked investors.
11:50 AM New York - Stocks on Wall Street meandered after new home sales barely grew in September. Earnings dominated market sentiment and Microsoft surged after reporting better than expected revenues.