Zillow Stock Soars as Real Estate Company Names New CEO, Reports Revenue Growth
ZZillow Group(Z) Investopedia·2024-08-09 03:57

Key TakeawaysShares of Zillow Group soared on Thursday, one day after the company named a new CEO and announced better-than-expected second-quarter results.The real estate services company reported a narrower loss and better-than-expected revenue for the second quarter, as demand for all of its services grew.Zillow announced COO Jeremy Wacksman would be the new CEO, replacing co-founder Rich Barton. Zillow Group (Z) shares jumped as the real estate services company reported better-than-expected results for ...