Zillow Inc (NASDAQ:Z) shares skyrocketed 18.7% last week on news of Trulia Inc (NYSE:TRLA)'s record quarter. The online real estate company announces its own earnings Tuesday, and investors are waiting to find out whether this soaring stock is about to stumble.
Expectations for Zillow
Profits are harder to boost than clicks, warns Spencer Jakab at The Wall Street Journal amid high expectations for Zillow Inc (NASDAQ:Z)’s second-quarter earnings report. Shares in the real estate portal and lead generation site for real estate agents hit an all-time high of $94 Monday before closing at around $90, giving the company a market capitalization of more than $3...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full ArticleAlready a member? Log in here
