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Zillow Group, Inc. (ZG)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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39.05-0.62 (-1.56%)
At close: 04:00PM EDT
39.05 0.00 (0.00%)
Pre-Market: 07:00AM EDT
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  • A
    AlabamaHobo
    they will scam this up over $100 in few weeks. Manipulation is real
  • K
    Kudalumping
    Are they Zillow fanboys here, or Zillow executives themselves? I just don’t understand why they are siding blindly and blatantly with Zillow.
  • S
    SG
    Point of sale company. Worth $0 Meta™ Zillow
    Bearish
  • S
    Sayno2union
    $8.1 billion revenue, -$580 profit loss in 2021. What did they do with all that money?
  • A
    AlabamaHobo
    They will just try to scare you wiht dips all the way to $300 from here. The short scam to $20s is over....this is the begining of long SCAM to $300s
  • V
    Vito
    Doesn’t seem bad at all why down 9%
  • L
    Ling
    I thought Z already sold all its home inventory. From the news seems it hasn't.
    Home price will go down more because rate is going up, more people cannot afford. Many can afford are just waiting for price going down more.
  • m
    meanrevers
    C'mon Z, get to $45....you can do it............
  • m
    meanrevers
    @pepitone- Way too many facts in your last post. The Z fan boys will not like that. But as you correctly surmise, this company has rarely been profitable in its almost 2 decade history much of which it spent as a monopoly. It has just taken on more and more debt and managements have taken turns getting richer and richer as a result of manipulating the rubes. Some management teams even came back for a second round of fleecing (house flipping! haha) Who didn't see what a complete disaster that was going to be? I sure did.....
  • C
    Cletus
    Headed to $75
    Bullish
  • R
    Rodya
    can’t wait until we break $40
    Bullish
  • J
    Jedi
    Overvalue stock !
  • m
    matt
    Half of their revs came from selling their ibuy inventory and they only made about 3 cents vs 34 cents expected. Also, no guidance. Not good.
  • m
    meanrevers
    Zillow executives’ plan to recover after dropping the iBuying effort revolves around building a “super app” that melds the assets of its other two segments — Internet, Media and Technology, or IMT, as well as the mortgages business — and can help buyers and sellers navigate the entire home-buying and -selling process. But they will have to do that as slumping existing-home sales and rising mortgage rates create a housing market that executives have admitted is “uncertain,” a view they clarified, and not in a very positive way, on Thursday.

    “Today, homes are even harder to afford,” Zillow executives wrote in a letter to shareholders Thursday. “Rapidly rising mortgage rates have compounded the existing affordability challenges created by unprecedented home price appreciation. This has driven buyer sentiment to a 20-year low, and reduced buyer demand, which has cooled the previously red-hot seller’s market.”

    “Ultimately, with all these factors combined, the housing industry saw flat year-over-year total transaction dollar volume in Q2 while various leading indicators deteriorated. Although demand indicators stabilized in July compared to June, we expect second-half 2022 total industry transaction dollar volume to meaningfully
    contract year over year,” they said.
  • J
    Jennifer
    Did you panic sell?
  • l
    limor
    Great results it will turn green
  • S
    SG
    This company, is worth $0/share
    Bearish
  • L
    Letitgrow
    $15 or lower by year end!

    Next year $5 to $10
  • m
    meanrevers
    gee.....guess it hadn't bottomed. cletus still googling "metric". haha.
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