Amazon And The Strange Case Of The Zillow Stock Selloff

Don't believe everything you read, and most importantly, don't believe everything you read on the internet. Here is a tale of what can happen when a rumor, unconfirmed by either Amazon.com (NASDAQ: AMZN) or Zillow (NASDAQ: ZG) (NASDAQ: Z), is taken up by social media as fact, and is used to buy or sell a stock.The result can ruin a portfolio.Image source: Zillow Group.Continue reading

Topics:  amazon.com nasdaq   amzn    zillow nasdaq   zg nasdaq   z    group   stock   read   
BING NEWS:
  • Zillow Group: Multiple Growth Catalysts, But Slowdown In Residential Is A Concern
    Zillow Group's 1Q24 earnings surpass expectations, driven by agent solutions, market expansion, and strong Rentals segment. See more on ZG stock here.
    05/17/2024 - 9:58 pm | View Link
  • Zillow’s Sales Rise, Beating Estimates. The Stock Slides.
    Zillow Group’s stock was down 7.6% in after-hours trading, after the company’s first quarter revenue beat estimates with increases across its business segments.The online home listing site’s guidance ...
    05/1/2024 - 10:45 am | View Link
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