Why Did Zillow Stock Just Plunge While Redfin Stock Soared?
These two real estate stocks often move in the same direction, but not recently.
Recently, Zillow (NASDAQ: Z)(NASDAQ: ZG) reported its fourth-quarter earnings, and the stock plunged. And on the very same day, fellow real estate technology company Redfin (NASDAQ: RDFN) soared, even though it didn't report its own results. In this video, I'll break down the key numbers and why the stocks moved in different directions.
*Stock prices used were the morning prices of Feb. 17, 2025. The video was published on Feb. 18, 2025.
