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Why Zillow Group Stock Surged Another 25% in August

Why Zillow Group Stock Surged Another 25% in August

Shares of Zillow Group (NASDAQ: Z) (NASDAQ: ZG) soared 25.2% in August, according to data from S&P Global Market Intelligence. At the end of August, Zillow Group shares were up 86% for the year. The big news during August was Zillow's exceptionally strong second-quarter earnings report.