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Today's Research Reports on Trending Tickers: Zillow and Newell Brands

NEW YORK, NY / ACCESSWIRE / November 27, 2018 / Zillow Group shares were exploding on Monday on optimism over the company’s own co-founder buying millions of dollars worth of shares. Newell Brands also saw big gains after announcing a new CFO.

The Market Edge Initiates Coverage on:

Zillow Group, Inc.
https://marketedgereport.com/report/Z/

Newell Brands Inc.
https://marketedgereport.com/report/NWL/

Zillow Group, Inc. shares closed up nearly 12% yesterday on about 8.5 million shares traded. Trading volume was nearly three times as high as usual after Wall Street learned that Zillow co-founder and executive chairman Rich Barton bought millions of dollars worth of shares between November 16th and November 20th. Barton spent $19.2 million buying class C and class A shares. Barton said to Barron's, "All the work the great people of Zillow Group have done to date, bringing critical real estate market information to light, has set the stage for Act II: transforming the way consumers buy, sell, mortgage, and rent homes. I'm proud to be a Zillow Group board member and shareholder. I couldn't be more excited about the opportunity in front of us and am committed to the company'slong term vision and success."

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Access The Market Edge's Zillow Group, Inc. Research Report:
https://marketedgereport.com/report/Z/

Newell Brands Inc. shares closed up 8.19% on about 18.6 million shares traded on Monday. Trading volume was about double compared to usual after the company named Christopher Peterson as its new chief financial officer. “I am very pleased to have Chris Peterson join Newell Brands and my leadership team as Chief Financial Officer. His extensive experience in financial operations and as a public company CFO, coupled with his background in large-scale transformations, will strengthen our team as we drive Newell Brands’ Accelerated Transformation Plan to completion,” said CEO Michael Polk. “I’d like to welcome Chris to Newell and look forward to partnering with him and the broader leadership team to build a simpler, faster, and stronger Newell Brands thatcreates significant value for shareholders.” Chris Peterson commented, "I am very excited to join Newell Brands and am energized by the opportunity to partner with Mike and the leadership team in building aworld class finance and IT capability atNewell, while strengthening the operational and financial performance of the company."

Access The Market Edge's Newell Brands Inc. Research Report:
https://marketedgereport.com/report/NWL/

Our Actionable Research on Zillow Group, Inc. (NASDAQ: Z) and Newell Brands Inc. (NYSE: NWL) can be downloaded free of charge at The Market Edge.

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Disclaimer: This article is written by an independent contributor of MarketEdgeReport.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. MarketEdgeReport.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.marketedgereport.com/disclaimer.

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SOURCE: The Market Edge