Spruce Point CIO Says We're Still Short Zillow
Portfolio Pulse from Benzinga Newsdesk
Spruce Point CIO has stated in a CNBC interview that they are still short on Zillow. This indicates a bearish outlook on Zillow's stock performance.
July 01, 2024 | 3:27 pm
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NEGATIVE IMPACT
Spruce Point CIO has reiterated their short position on Zillow, suggesting a negative outlook for the stock.
The statement from Spruce Point CIO, a notable investment firm, about maintaining a short position on Zillow is likely to influence investor sentiment negatively, leading to potential short-term price declines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Spruce Point CIO has reiterated their short position on Zillow Group, suggesting a negative outlook for the stock.
The statement from Spruce Point CIO, a notable investment firm, about maintaining a short position on Zillow Group is likely to influence investor sentiment negatively, leading to potential short-term price declines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100