2 Real Estate Marketplace Stocks Tumble as Google Moves In

Shares of online real-estate marketplaces Zillow Group Inc (NASDAQ:ZG) and CoStar Group Inc (NASDAQ:CSGP) are gapping lower today, amid news that Alphabet (GOOGL) is testing home for-sale ads at the top of Google search results in certain markets. The new feature displays a carousel featuring property photos, prices, addresses, and other relevant information.ZG was last seen down 7.3% to trade at $67.11, eyeing its biggest single-day percentage drop since February, after earlier hitting its lowest level sin ...