Compass's Request Denied; Zillow Shares Up 4%
Compass (COMP) was denied a preliminary injunction that requested that the United States District Court for the Southern District of New York enjoin Zillow's (ZG) implementation of its Listing Access Standards, which exclude from the Zillow home search portal house listings that had previously been privately marketed by a broker, according to an opinion posted by the court. Following the ruling, shares of Zillow Group are up 4% to $55.87, while shares of Compass are fractionally higher but off their early session highs.
