Zillow Group has announced that CEO Spencer Rascoff is out amid the company's pivot to buying and selling homes
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Zillow's CEO is outZillow shares fell in after-hours trading Thursday after the company said its CEO was departing.
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Stocks making the biggest moves after hours: Kraft Heinz, Dropbox, Zillow and moreSee which stocks are posting big moves after the bell on February 21.
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Zillow is betting big on flipping houses, and investors seem to like itZillow Group Inc., saying that “Uberized” consumers also want to instantly buy and sell homes with a click of a button on their phones, is making an even bigger bet on real estate buying, with projections that carry a lot of risk.
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