Zillow Shares Rising on Heavy Volume
Shares of Zillow, Inc. (NASDAQ: Z) are attracting heavier than usual volume on Monday. The stock was last trading up nearly 6% to $37.67. This may be a name to keep an eye on throughout the trading session as the stock is hitting levels last seen in the Fall of 2011. Nearly 350,000 Z shares have already traded hands on the day compared to a 3-month daily average of 284,000. The surge in the stock has pushed Zillow's market cap above $1 billion.
Zillow, Inc. (Zillow) is a real estate information marketplace. The Company provides information about homes, real estate listings and mortgages, through its Website and mobile applications, enabling homeowners, buyers, sellers and renters to connect with real estate and mortgage professionals.
(c) 2012 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Advertisement