Why Zillow Stock Soared Higher Thursday
Shares of one real estate marketing services company Zillow Group (NASDAQ: Z) (NASDAQ: ZG) skyrocketed on Thursday, rising 22% as of 10:45 a.m. EST.
The stock's gain follows the company's fourth-quarter results. It's not surprising that shares are jumping; the company's revenue obliterated analyst estimates and its non-GAAP (adjusted) loss per share was narrower than expected.
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Source Fool.com
