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 benef
A few ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge sales on Wednesday.
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 pun
Evercore ISI's Mark Mahaney downgrades Zillow stock to hold after flipping report failure. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Steve Grasso.
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 u
Real estate consultant and Shark Tank host Barbara Corcoran discusses difficulties Zillow faces with house-flipping in a consistently unpredictable real estate market, plus her thoughts on Rivian and
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
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 th
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 th
Zillow Group Inc. shares plunged Wednesday after the company announced plans to exit its house-flipping business and eliminate 25% of its workforce.
Volatility in the housing market "far exceeds what we anticipated" and makes algorithmic home flipping too risky, Zillow CEO Rich Barton said.
Analysts slashed their ratings on Zillow on Wednesday, a day after the company said it will no longer buy and sell homes because of unpredictable pricing.
Just because a business process can be automated, doesn't necessarily mean it should be automated.
The announcement came as part of Zillow's third-quarter earnings report, which widely missed estimates.
As Zillow faces a grim future, Opendoor looks to gain a market share where its competitor couldn't. So far this is sending OPEN stock up.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE