Trulia Q3 Miss Driven By Refi Weakness, Stock Falls
Online real estate listings company Trulia (TRLA) late Wednesday posted Q3 revenue below its guidance for the first time, and its stock tumbled Thursday. Trulia stock was down 2.5% in afternoon trading in the stock market today, near 43.50. Earlier, Trulia stock was down as much as 8%. Shares are down 35% from an all-time high of 67.50 in late July, reached when No. 1 online residential real estate listings firm Zillow (Z) announced it had agreed