CoStar's Homes.com Bet Goes Bust: CSGP Craters to 70% Below Its Highs as Activists Circle
CoStar Group shares have collapsed roughly 70% from their 52-week high, and Tuesday's earnings-driven slide made it Wednesday's standout single-name story. A beat-and-guide-down quarter reignited the debate over whether the company's multibillion-dollar Homes.com bet will ever pay off.