Why Zillow Stock Soared Today
Zillow Group(Z) The Motley Fool·2024-11-08 06:59
The online real estate platform posted strong third-quarter results.Shares of Zillow (Z 23.77%) (ZG 24.98%) were surging today after the online real estate platform delivered strong results and showed growth across several verticals.The stock closed up 23.8% on the news. Zillow looks strong across the boardOverall revenue at Zillow rose 17% to $581 million, beating the midpoint of the company's guidance at $553 million and the consensus at $554.7 million.Growth was broad based as residential revenue was up ...