Here’s why Zillow’s stock has fallen 23% since June

Zillow Group is on track to make $1 billion this year, but it’s been a topsy-turvy few months for the stock. Shares of the Seattle-based real estate giant — which is facing major backlash in New York over attempts to make money off brokers through various StreetEasy programs — closed at $39.62 on Aug. 31. That’s a nearly 23 percent drop from $51.23 in mid-June. And there have been several bumps and dips since. For […]

Source: Real Estate

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