National Cheat Sheet: Zillow stock plunges, Softbank’s IPO could be the largest ever … & more

Zillow stock plunges 15% but its CEO says the company’s ‘long-term story is intact’ It wasn’t the best week for Zillow Group, which saw its stock plunge around 15 percent on Tuesday. The dip came a day after the listings giant announced that it would be getting into home-buying and mortgage origination — a move that may have worried investors, experts said. The company also lowered its revenue projection for the year. Despite Tuesday’s woes, […]

Source: Real Estate

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