More activist investors push CoStar to exit Homes.com business
By: Brooklee Han | Published: 2026-02-04 21:05:32 | Source: www.housingwire.com
“Under the leadership of CEO Andy Florance, CoStar has continued to dedicate disproportionate attention and resources to its unprofitable Homes.com business. This continued investment, despite repeated failures to meet projections, has eroded the company’s once-enviable margins and driven a significant decline in CoStar’s stock price, despite positive momentum in the core…
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