Zillow Shares Decline Amid FTC Scrutiny Over Partnership

26 days ago

Multiple Speakers

"Zillow fell by 4.3% as the FTC launched legal action over its partnership with Rocket Companies, a deal that had previously involved a $100 million upfront payment to facilitate advertising agreements."

Zillow is experiencing a decline, down 4.3%, following regulatory scrutiny regarding its strategic partnership with Rocket Companies. The FTC is concerned that the deal could shrink competition in the apartment listings market, adding a regulatory risk factor to Zillow's outlook.

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