Amazon and the Strange Case of the Zillow Stock Selloff

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

Source: Fool.com