ZILLOW GROUP INC CLASS A (ZG)
Zillow Group Inc. Class A (ZG) is a real estate technology company that operates online platforms to connect buyers, sellers, and renters with real estate professionals. Founded in 2006, it provides services including property listings, mortgage marketplace, and home-related information, aiming to streamline the home search and transaction process.
Company News
Opendoor Technologies experienced a massive 1,370% stock rally driven by social media, despite ongoing challenges in the real estate market and continued financial losses. The company's direct home-buying model remains risky in the current economic environment.
With expectations of Federal Reserve rate cuts, two real estate-focused stocks - Zillow and CoStar Group - are positioned to benefit from potential lower mortgage rates and increased housing market activity.
Steve Eisman, famous for predicting the 2008 financial crisis, criticized the recent 529% surge in Opendoor's stock price as potentially manipulative, warning retail investors about the risks of 'meme' stock speculation.
SeekOut, a leading Talent Intelligence Platform, is launching a virtual CHRO Council Workshop Series to provide HR and talent leaders with practical strategies for building and executing talent strategies that promote workforce agility and support organizational longevity.
