Heavy Selling Drags Share Prices of These 10 Firms

3. Zillow Group Inc. (NASDAQ:Z)

Zillow Group fell for a second consecutive day, ending Wednesday’s trading down by 9.4 percent to finish at $78.21 each as investors discounted news of better earnings performance last year and instead focused on missing analyst estimates.

Z said it was able to narrow its net loss by 29 percent to $52 million in the last quarter of the year from the $73 million registered in the same period a year ago, while net loss shrunk by 29 percent to $112 million in full-year 2024 from $158 million in 2023.

Revenues grew by 16.9 percent in the quarter to $554 million from $474 million, while increasing 15 percent to $2.2 billion from $1.9 billion for the full-year comparable period.

For 2025, Z CEO Jeremy Wacksman said that 2024 was a remarkable year for the company. “We achieved our stated goals for the year — including double-digit revenue growth—and we expect to keep up our momentum in 2025.”

“The results we reported today demonstrate how well we are executing and seizing our opportunity to transform and digitize residential real estate. With the leading brand in our category and a solid foundation for continued growth, we’re excited to serve more buyers, sellers, renters, and real estate professionals this year,” he said.