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Zillow's New Homes Business Drives Big Revenue Jump, Pushes Stock Higher
Friday, May 10, 2019 - 1:26pm | 597Zillow Group Inc (NASDAQ: ZG) shares soared Friday after reporting a big jump in revenue from its new business in buying and selling homes, but the stock was offering better upside than the houses themselves. Despite the new Homes segment helping drive revenue growth, it also was pushing Zillow...
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Guggenheim Says Zillow's Home Segment Off To 'Strong Start' In 2019
Wednesday, February 20, 2019 - 5:45pm | 338Zillow Group Inc (NASDAQ: ZG) started a new business unit called Home, which actively buys homes with the purpose of remodeling them and flipping the home for a profit. The Analyst Guggenheim Partners' Jake Fuller maintains a Neutral rating on Zillow with no price target. The Thesis Guggenheim...