Z / Zillow faces uncertain future after Missouri verdict shakes real estate stocks

Shares of Zillow Group Inc. NASDAQ: ZG were trading about 9% lower for the week of October 30 after a federal jury in Missouri ruled that the Nation more_horizontal

Zillow (NASDAQ:Z) reported better-than-expected third-quarter earnings, primarily driven by its marketing services for real estate agents, despite a s more_horizontal

Real estate platform Zillow Group outperformed the industry during the third quarter. Despite a 3% decline in residential revenue year over year (Yo more_horizontal

Zillow Group, Inc. (NASDAQ:Z ) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Bradley Berning - VP of IR Richard Ba more_horizontal

A Missouri jury's verdict that the National Association of Realtors colluded with brokerages to keep agent commissions high created a shockwave throug more_horizontal

Zillow (Z, ZG) shares closed nearly 7% lower after a Missouri jury ruled the National Association of Realtors colluded with brokerages to keep agent c more_horizontal

Zillow shares have dropped 20% due to high mortgage rates and low housing market transactions. Despite the challenging environment, Zillow has shown s more_horizontal

The Fed has raised interest rates at the most aggressive pace in its history for the past couple of years. Some experts believe the Fed has gone far e more_horizontal