NasdaqGS:ZGReal Estate
Zillow’s MLB Partnership Meets Depressed Valuation And High P/E Expectations
Zillow Group (NasdaqGS:ZG) has entered a new multiyear partnership with Major League Baseball.
The company will be the official real estate and home rentals marketplace partner across national broadcasts and in stadium integrations throughout the MLB season.
Zillow Group, trading at a recent share price of $45.09, is tying its brand to one of the most widely watched sports leagues in the US. For investors following NasdaqGS:ZG, this move comes after a 31.3% decline year to date and a 37.4%...