Stock Market Today, Jan. 7: Compass Surges After Announcing $750 Million Convertible Notes Offering [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
Trading volume reached 94.7 million shares, which is approximately 647% above its three-month average of 12.7 million shares. Wednesday's action reflected investors reacting to Compass's raised fourth-quarter guidance , its sizable convertible notes plan, and ongoing attention on the pending Anywhere merger. The S&P 500 slipped 0.34% to 6,922, while the Nasdaq Composite edged up 0.16% to 23,584. Within the Real Estate Services sector, rivals moved more modestly, with Zillow Group rising 2.39%, for example. Compass announced the proposal of a $750 million convertible senior notes offering, which would be used to help fund its merger with Anywhere Real Estate . While this offering may dilute shareholder value somewhat, the market appears more optimistic about the potential of the newly merged real estate firm -- especially after shareholders approved the deal. Adding further excitement to the stock today, management announced that the company would add 800 agents in the fourth qua
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Z
Earnings
- 10/30/25 - Beat