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This Article is From Nov 03, 2021

Zillow Shuts Down Home-Flipping Operation (Video)

Zillow Shuts Down Home-Flipping Operation (Video)

Zillow Group Inc. shares plunged on Wednesday as investors digested the news that the company was pulling the plug on its tech-powered home-flipping operation.

The stock dropped as much as 18% to $69.75, the latest blow for a company that has had a turbulent few weeks. Bloomberg's Patrick Clark reports.

©2021 Bloomberg L.P.

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