Fund manager Cathie Wood’s flagship exchange-traded fund sold a chunk of its holdings in Zillow Group Wednesday as stock plunged, a day after the fund had bought more shares in the real-estate company
The U.S. mortgage market involves some key players that play important roles in the process. Here’s what investors should understand and what risks they take when investing in the industry. WSJ’s Telis Demos explains.
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Cathie Wood’s Flagship ETF Buys More Zillow Shares Amid Steep DropCathie Wood’s flagship exchange-traded fund bought roughly $25 million worth of shares in Zillow on Tuesday, the day the real-estate company’s stock plunged after it said it would exit the home-flipping business
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Zillow Ending Home-Flipping Business, Will Lay Off 25% Of StaffZillow Group says it will stop buying and selling homes, citing the unpredictability of forecasting housing prices.
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Zillow Went Too Big—Now It Has to DownsizeHeard on the Street: While Zillow’s flop in home flipping doesn’t necessarily mean iBuying is doomed, it does highlight the risk
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Moderna, Zillow, Qualcomm, Roku, Qorvo: What to Watch When the Stock Market Opens TodayModerna shares sank on a reduced revenue outlook; Qualcomm gained on record quarterly sales.
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Here’s Why Zillow Stock Plunged 20%—And Why It Won’t Flip Houses AnymoreThe announcement came as part of Zillow’s third-quarter earnings report, which widely missed estimates.
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Zillow to stop home-flipping amid pricing ‘unpredictability’Zillow Group said Tuesday that it will stop buying and selling homes, citing the “unpredictability” of forecasting housing prices.
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