Zillow Group (Z, ZG) stock skyrockets in Thursday trading on the real estate marketplace's second quarter earnings beat. Zillow CEO Rich Barton has stepped down as chief executive with COO Jeremy Wacksman set to take over. Zillow stock is down nearly 15% in 2024 year-to-date.

Julie Hyman and Josh Lipton comment on Zillow's stock movements after the executive changeup.

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