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Here's Why Zillow Stock Is Soaring Today


The stock market was having a mixed session on Friday, with all three major indexes largely unchanged not quite an hour into the trading day. But real estate technology giant Zillow Group (NASDAQ: Z) (NASDAQ: ZG) was a big outperformer, with shares rising by more than 14% as of 10:30 a.m. ET.

Zillow issued its first quarterly earnings report since it decided to abruptly exit the iBuying business, and investors finally have a reason to smile.

Image source: Getty Images.

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Source Fool.com

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