Zillow Light December Traffic Might Affect Q4 Revenue

By | January 9, 2014

Scalper1 News

Consumers last month might have spent more of their time online buying gifts rather than shopping for a new place to live. Lighter than expected December traffic on online real estate website Zillow (Z)could negatively impact the company’s fourth-quarter revenue, says Daniel Kurnos, an analyst for the Benchmark Co., in a report released Thursday. Zillow stock was down nearly 2.5% in midday trading in the stock market today, near 87. Zillow’s chief Scalper1 News

Scalper1 News