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Closing Bell: Tesla Gains, ServiceNow Plummets, Zillow and CoStar Take Hits Amid Google's New Real Estate Advertising Format
Description
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Tim Stenovec and Carol Massar.
On this episode of Stock Movers:
- Tesla (TSLA) shares rose around 3.5% increasing to $475 a share and coming close to being the first all-time high close for the stock this year.
- ServiceNow (NOW) took the biggest hit in the S&P 500, falling 11% after reports that the company is in talks to purchase cybersecurity startup Armis in a deal valued around $7 billion.
- Zillow (Z) and CoStar (CSGP) the company that owns the website Homes.com, both saw their stock price fall as Google starts to test its new real estate advertising format that could rival websites like Zillow and Homes.com.
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