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Zillow Stock Slumps on First-Time Buyer, Mortgage Rate Headwinds [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Most Read from Bloomberg Tesla Axes Supercharger Team in Blow to Broader EV Market NYPD Arrests Over 300 Protesters in Crackdown on College Campuses US and Saudis Near Defense Pact Aimed at Reshaping Middle East The Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Economy Lilly Soars as Forecast Boost Shows Weight-Loss Drugs' Power Zillow, led by Chief Executive Officer Rich Barton, expects revenue from its residential business to be between $372 million to $382 million in the second quarter, according to a shareholder letter Wednesday. That's less than the $393 million that the company took in during the first three months of the year. Zillow based that projection on tepid first-time homebuying activity and a recent rise in mortgage rates, predicting that overall US transaction volumes in the residential real estate market would be little changed from the second quarter of last year. Shares plummeted as much as 12% to $36.63 before paring losses in [Read more]
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Stockreport

Zillow Stock Slumps on First-Time Buyer, Mortgage Rate Headwinds [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Most Read from Bloomberg Tesla Axes Supercharger Team in Blow to Broader EV Market NYPD Arrests Over 300 Protesters in Crackdown on College Campuses US and Saudis Near Defense Pact Aimed at Reshaping Middle East The Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Economy Lilly Soars as Forecast Boost Shows Weight-Loss Drugs' Power Zillow, led by Chief Executive Officer Rich Barton, expects revenue from its residential business to be between $372 million to $382 million in the second quarter, according to a shareholder letter Wednesday. That's less than the $393 million that the company took in during the first three months of the year. Zillow based that projection on tepid first-time homebuying activity and a recent rise in mortgage rates, predicting that overall US transaction volumes in the residential real estate market would be little changed from the second quarter of last year. Shares plummeted as much as 12% to $36.63 before paring losses in [Read more]
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