Google Is Testing New Home Listing Features in Search. Why That Could Be Bad News for Zillow [Yahoo! Finance]
Zillow Group, Inc. - Class C Capital Stock (Z)
Last zillow group, inc. - class c capital stock earnings: 8/6 04:06 pm
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Source: Yahoo! Finance
Shares of Zillow and other home listing sites tumbled Monday amid worries Google's new features could hurt their businesses. Google is getting deeper into the home listings game, in what could mean more competition for Zillow and other real estate sites. Shares of Zillow Group ( Z ), which claims to be the most visited real estate website in the U.S., tumbled over 10% Monday after Alphabet's ( GOOGL ) Google began testing full home ads in its search results, including links to request tours and agent contacts. Other companies with home listing sites such as CoStar ( CSGP ) and Rocket Companies ( RKT ) also saw their stocks lose ground. Alphabet shares were little changed. (Read our daily markets coverage here Monday's drop in shares of Zillow and other companies with home listing sites underscores worries Google's new home ad features in search could present a competitive challenge. Goldman Sachs analysts told clients Monday that while they "don't expect a direct near-term
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News
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Z
Earnings
- 10/30/25 - Beat