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Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Zillow Group, Inc. (Nasdaq: Z)
CSGPCoStar Group(CSGP) Businesswire·2024-03-05 14:00

NEW YORK--(BUSINESS WIRE)--Spruce Point Capital Management, LLC (“Spruce Point” or “we” or “us”), a New York-based investment management firm that focuses on forensic research and short-selling, today issued a detailed report entitled “Zillow’s Sinking Foundation” that outlines why we believe shares of Zillow Group, Inc. (Nasdaq: Z) ("Zillow" or the "Company") face up to 40% to 60% long-term downside risk, or approximately 23.0023.00 – 35.00 per share. Download or view the report by visiting www.SprucePointCap ...