Trulia Pending Acquisition Drags Stock Down, Q2 Beats

By | August 1, 2014

Scalper1 News

Online real estate listings company Trulia solidly beat analysts’ expectations for Q2, but its stock was down Friday pending its acquisition by industry leader Zillow. Trulia (TRLA) stock was down nearly 1.5%, near 60, in afternoon trading on the stock market today. Trulia stock hit an all-time closing high of 65.04 on Monday, the day Seattle-based Zillow (Z) announced that it had agreed to acquire industry No. 2 Trulia in an all-stock deal Scalper1 News

Scalper1 News