Zillow Group Inc. is facing antitrust allegations from the Federal Trade Commission and five US states, which claim the company engaged in an unlawful agreement with Redfin to suppress competition in the online rental housing advertising sector.
Zillow Group Inc.’s stock price has been volatile, with a 52-week high and low, due to the company’s struggles to find its footing in the uncertain US housing market.
Zillow Group Inc. is navigating a turbulent pricing environment, with its stock price fluctuating between $50.59 and $89.39 USD, and investors will be watching to see how the company adapts and drives long-term growth.
Zillow’s stock price has declined from its 52-week high, with valuation metrics such as price-to-earnings ratio and price-to-book ratio being closely watched by investors.
Zillow Group Inc’s stock price has been volatile, but the company’s services remain in high demand, particularly for pet-friendly rentals, despite ongoing affordability pressures in the housing market.