meta_pixel
Tapesearch Logo
Log in
MarketFoolery

Zillow Pauses, Disney Postpones

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 18 October 2021

⏱️ 17 minutes

🧾️ Download transcript

Summary

Shares of Zillow Group fall 10% as its home-buying service goes on a brief hiatus. Disney postpones a slate of movies over the next two years as the CEO (reportedly) looks at the pros and cons of spinning off ESPN. Jason Moser analyzes those stories and discusses Walmart’s plan to boost subscribers to its membership service.

Transcript

Click on a timestamp to play from that location

0:00.0

It's Monday, October 18th, welcome to Market Foolery, I'm Chris Hale with me today, Jason

0:07.6

Moser in the house.

0:08.6

Good to see you.

0:09.6

Good to see you.

0:10.6

We've got big entertainment in the spotlight, we've got big retail in the spotlight, but

0:15.8

we're going to start with housing.

0:19.4

Shares of Zillow Group down 10% this morning after the company is hitting the pause button

0:24.9

on its home buying service due to overwhelming demand, Zillow issued a statement saying it

0:31.4

is, quote, beyond operational capacity in the Zillow offers business.

0:37.7

Okay.

0:38.7

So you can look at this and say, well, this is the proverbial good problem to have, right?

0:44.2

They have so much demand.

0:46.0

That's great.

0:47.4

So much demand for the home buying service.

0:50.0

But the fact of the matter is they're pausing this because they didn't plan correctly.

0:55.8

They didn't staff this correctly.

0:58.3

Yeah.

0:59.3

I mean, I think you're right, too, Degree.

1:02.3

I mean, I think these, the market's reaction to me at least feels like an overreaction based

1:09.0

on what we know.

1:10.0

I mean, this is, this is like you said, it's a nice problem to have.

1:14.0

It is, I think it's actually, it's less a Zillow thing.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.