Why Zillow Stock Fell 23% in March

Zillow Group (NASDAQ: Z) (NASDAQ: ZG) shareholders trailed the market by a wide margin last month. Their stock dropped 23% in March compared to a 4.2% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.

The drop pushed shares to near flat for the year but the real estate selling platform stock has still more than tripled over the last 12 months.

Image source: Getty Images.

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Source Fool.com