Zillow

Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. It operates through the following segments: Internet, Media & Technology (IMT), Homes and Mortgages segment. The IMT segment includes premier agent, rentals and new construction marketplaces, as well as dotloop, display and other advertising and business software solutions. The Homes segment includes Zillow Group's buying and selling of homes directly. The Mortgages segment includes advertising sold to mortgage lenders and other mortgage professionals, mortgage originations through MLOA and the sale of mortgages on the secondary market, as well as Mortech mortgage software solutions. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

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Zillow surpasses Q2 revenue targets, eyes market expansion for growth

Zillow's Q2 2024 performance exceeded expectations, driven by revenue growth across key segments.
The company's strategic focus on the Housing Super App and market expansion positions it for sustainable growth.
While challenges like customer transaction share exist, Zillow's strong performance and leadership changes signal a positive outlook.

Zillow reports robust Q3 earnings, eyes growth in rentals and mortgages

Zillow Group's Q3 performance reflects strong revenue growth and user engagement, supported by strategic initiatives in rentals, mortgages, and customer experience.
While challenges like cost management and market dynamics persist, Zillow remains optimistic about future growth opportunities and profitability.
By focusing on innovation, customer advocacy, and market positioning, Zillow aims to sustain its growth trajectory and drive value for stakeholders.

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Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. The company was founded by Richard N. Barton and Lloyd D. Frink in December 2004 and is headquartered in Seattle, WA.

The online real estate platform specialist is offloading its homebuying business.

Why Zillow Stock Fell Sharply This Week

Airbnb

AMC Entertainment

Expedia

Lyft

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Cassava Sciences Inc

Uber

Stocks continued their run of near daily record highs heading into November, as investors digested a slew of economic updates and earnings reports.

Stocks Heading Into Holiday Season With Record Highs

Zillow management now agrees with me that its home flipping business was a bad idea and shut it down.

Zillow: I Told You So. Lessons Learned.

Cathie Wood's ARKK ETF sold another 1.8 million Zillow shares on Thursday, following Wednesday's sale of 3.9 million shares.

Cathie Wood's Ark Invest is dumping Zillow for a 2nd day after buying the dip in the real estate firm earlier in the week

A day after some ARK Invest exchange-traded funds run by ETF star Cathie Wood parted with almost 4 million shares of Zillow Group Inc.

Cathie Wood's ARK Invest Sells Over $120 Million Worth of Zillow Shares

Zillow announces the winding down of its iBuying segment. It has been a critical revenue growth driver for the company. Despite its massive growth, it has not achieved sufficient scale to be profitable. Moreover, Zillow is now laden with a huge amount of inventory to unwind.

Is Zillow Stock Overvalued Or Undervalued? Valuation Is Uncertain For Now

Zillow Group plans to lay off 47 workers in Washington state as part of the 2,000 company employees who will lose their jobs following the decision this week to shut down the home buying and selling operation Zillow Offers.

Zillow to lay off 47 workers in Washington state as part of Zillow Offers home buying shutdown

On Tuesday, American online real estate marketplace Zillow Group Inc. ( ZG , Financial) made an announcement that shocked investors. It plans to exit its homebuying business entirely, cutting 25% of its workforce in the process, as it foresees increased dangerous unpredictability in housing prices going forward.

Is Zillow's Plunge a Value Opportunity?

Zillow reportedly has about 7,000 homes that it now needs to unload – many for prices lower than it originally paid

When side hustles go wrong: real-estate site Zillow loses $300m in a few months

Opendoor

Following Zillow's announced departure from the iBuying home market, investors are pouring into Opendoor.

Opendoor shares soar as investors predict gains in home buying market after Zillow's exit

Offerpad Solutions

After Zillow Z, +3.07% ZG, +4.04% shocked investors by announcing that it would leave the business of buying and selling homes altogether — just weeks after the company initially indicated it was simply pausing its home-flipping efforts — myriad questions emerged.

The MarketWatch Q&A: ‘The easiest thing to do is buy homes': Offerpad CEO sees a bright future for iBuying despite Zillow's high-profile exit

Editor's Note: A version of this story appeared in CNN Business' Nightcap newsletter. To get it in your inbox, sign up for free, here.

Zillow bet the farm on its house-flipping business. Now it's downsizing

One of the top investing stories of the week was the announcement from Zillow Group Inc (NASDAQ: Z) that it is exiting the home buying business. While the news is a negative for Zillow, it could benefit two competitors that went public via SPAC merger.

Could Opendoor, Offerpad See Surge With Zillow Exiting Homebuying?

Even after Wednesday's sale, Ark Invest still owns more than 6 million shares of Zillow worth $430 million.

Cathie Wood's Ark sold 3.9 million shares of Zillow on Wednesday as company's exit from home-flipping sent shares plunging

A few ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge sales on Wednesday.

Cathie Wood's ARK Invest Sells Over $255 Million Worth of Zillow Shares

ARK Funds sold 3.9 million shares of Zillow on Wednesday, a day after snapping up almost 289,000 shares.

Cathie Wood and Zillow: She Likes It, She Likes It Not

It's been a rough run for Zillow Group (ZG)… not only has the business struggled of late but it's now seen it's struggles hit the mainstream news. For lack of a better phase, Zillow has become a punching bag on social media.

Zillow Stock Price Could Crater To $30 If Eiffel Tower Pattern

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international shareholder and consumer rights litigation firm, is investigating whether Zillow Group, Inc. (“Zillow” or the “Company”) (NASDAQ: Z) (NASDAQ: ZG) or its officers violated federal securities laws by making materially misleading statements to investors. If you purchased or otherwise own Zillow stock, and have suffered a loss, you are encouraged to contact Scott+Scott attorney, Jonathan Zimmerman, for add

Scott+Scott Attorneys at Law LLP Announces Investigation into Zillow Group, Inc. (Z, ZG)

Zillow Group Inc.'s roughly $1.15 billion pile of mortgage bonds tied to its home-buying business has been thrust into the spotlight, after the real-estate giant on Tuesday called it quits on its iBuying home-flipping business.

Zillow's $1.2 billion of mortgage bonds in focus after company abruptly exits home-buying business

Zillow Group Inc. (NASDAQ: Z) shares traded lower Wednesday after the company reported third-quarter earnings results and said it will wind down its Zillow Offers service. "We've determined the unpredictability in forecasting home prices far exceeds what we anticipated,” said CEO Rich Barton.

Zillow Stock Gaps Down To Possible Support Level: Could It Bounce Back?

Cathie Wood's Ark Invest on Wednesday capitalized on a sharp drop in Zillow Group Inc's stock price to scoop up shares of the online real-estate firm, as analysts expressed shock over its move to exit the business of buying and selling homes due to unpredictable prices.

Cathie Wood scoops up Zillow as shares plunge on exiting home-flipping business

Zillow Group co-founder and CEO Rich Barton admitted on Tuesday that it was a “tough day” when the powerhouse real estate tech company announced plans to exit the home flipping business, a move that will result in the layoffs of about 2,000 people.

Zillow shares tumble after iBuying fumble: Stock plummets 22%, but not all say the sky is falling

Zillow Group Inc (NASDAQ:Z) shares plunged 24.5% on Wednesday after the company reported an unexpected third-quarter loss and said it will be winding down its homebuying business. Zillow reported a third-quarter adjusted EPS loss of 95 cents on revenue of $1.74 billion.

Zillow Stock Sinks After Q3 Earnings: 7 Analysts React To iBuying Shutdown

Zillow Group Inc. shares plunged Wednesday after the company announced plans to exit its house-flipping business and eliminate 25% of its workforce.

Zillow stock craters on plans to exit house-flipping business

Boston, Massachusetts--(Newsfile Corp. - November 3, 2021) -  Berman Tabacco, a national law firm representing investors, is investigating potential securities law violations by Zillow Group, Inc. ("Zillow" or the "Company") (NASDAQ: Z) (NASDAQ: ZG). Zillow operates a real estate website in the U.S. The Company's Zillow Offers buys and sells homes directly in dozens of markets across the country.On Sunday, October 17, 2021, Bloomberg reported that Zillow would "stop pursuing new home purchases as...

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