Zillow (Z)shares rose Wednesday after the online real estate website reported Q2 revenue above analyst expectations late Tuesday, along with a much smaller-than-expected net loss per share. But Zillow also collected two price target cuts after giving soft Q3 guidance and reporting hiccups as it moves to change its real estate agent mix. RBC Capital cut its price on Zillow stock to 92 from 103, while Benchmark lowered its price target to 105 from
Zendesk (ZEN) stock gapped up by double digits Wednesday morning, a day after the enterprise software maker managed to pare its second-quarter losses by more than Wall Street expected. Zendesk stock was up more than 14% in morning trading in the stock market today, which if it holds would be its second-biggest one-day jump ever. The company late Tuesday posted a per-share loss minus items of 8 cents, cutting in half its losses from Q2 2014 and
The threat of a cyberattack always seems to loom large, as entities from Target (TGT) to Anthem (ANTM) to the U.S. Office of Personnel Management have fallen victim to security breaches. Even a car in motion is vulnerable to getting hacked. The OPM breach, linked to Chinese hackers, reportedly exposed the personal information of over 21 million people who had been given a government background check. The attack was soon followed by hints that the