Zillow Group shares are trading lower. The stock may be down amid a rise in treasury yields.
Portfolio Pulse from Benzinga Newsdesk
Zillow Group shares are experiencing a decline, potentially due to an increase in treasury yields.
October 07, 2024 | 4:20 pm
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NEGATIVE IMPACT
Zillow Group's stock is trading lower, possibly influenced by rising treasury yields, which can impact borrowing costs and investor sentiment.
The rise in treasury yields can lead to higher borrowing costs and affect investor sentiment negatively, which may be causing Zillow's stock to decline.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Zillow Group's stock is trading lower, possibly influenced by rising treasury yields, which can impact borrowing costs and investor sentiment.
The rise in treasury yields can lead to higher borrowing costs and affect investor sentiment negatively, which may be causing Zillow's stock to decline.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80