Why CoStar Group Stock Was Sliding Today

CoStar posted disappointing results in its earnings report. Shares of CoStar Group (CSGP -9.03%), the leading commercial real estate listing platform, were falling after the company delivered disappointing results in its third-quarter earnings report today. As a result, the stock was down 9.1% as of 11:08 a.m. ET on the news. CoStar's growth isn't enough CoStar reported 11% revenue growth to $692.6 million, though that was short of the consensus at$696.1 million. The performance marked its 54th consecutive ...