Why Zillow Group Stock Surged 28% in April
Shares of Zillow Group (NASDAQ: Z)(NASDAQ: ZG) soared 28.2% during April, according to data from S&P Global Market Intelligence. April's strong gain came on the heels of a dreadful March, when Zillow Group shares tanked 39% from $56 to $34 due to the panic over COVID-19. During April, CEO Rich Barton released his 2019 shareholder letter in which he reviewed some of the company's recent efforts.