Why Did Zillow Stock Just Plunge While Redfin Stock Soared?

Source The Motley Fool

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.

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Matt Frankel has positions in Redfin. The Motley Fool has positions in and recommends Zillow Group. The Motley Fool recommends Redfin and recommends the following options: short February 2025 $10 calls on Redfin. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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