Zillow sinks after the analyst points out that two-thirds of the apartments purchased are underwater

Shares of Zillow Group Inc. fell on Monday after KeyBanc analyst Edward Yruma pointed out that most of the apartments the real estate company bought with a view to reversing them are now worth less than they paid for them. Share Z lost 5.8% in midday trading. Although shares are still up 13.6% since closing … Read more

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