Zillow stock soars on Q3 earnings beat, rental unit grows 24%

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Zillow Group (Z, ZG) stock is up by over 21% in Thursday trading after the real estate company topped third quarter earnings estimates, its rental business growing by 24% year-over-year.

Catalysts host Seana Smith highlights Zillow's latest earnings print and CFO Jeremy Hofmann's commentary on the US housing market outlook.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

This post was written by Luke Carberry Mogan.