Yesterday at a glance: the online residential real estate company went up to $1.56, gaining 7.22%.
United States Initial Jobless Claims data will be released today at 13:30 UTC, with an expected decline to 195,000.
On the flip side, United States Crude Oil Inventories fell short of the 395,000 projections, with new data of -1.69 million.
At the same time, United States JOLTs Job Openings (Jan) came out at 10.82 million, while a consensus of analysts was expecting 10.5 million. United States ADP Nonfarm Employment Change (Feb) released yesterday at 13:15 UTC with a figure of 242,000, while the previous figure was 119,000.
A look at other real estate stocks also showed bullish price action as ProLogis was up 1%.
Also worthy of note, United States Non Farm Payrolls projected to decline to 205,000 while previous data was 517,000; data will be released tomorrow at 13:30 UTC. United States Initial Jobless Claims projected to come out at 195,000 — worse than previous data of 190,000; data will be released today at 13:30 UTC.
Furthermore, the market is looking at United States Unemployment Rate figure is projected at 3.4. It previously stood at 3.4; data will be released tomorrow at 13:30 UTC.
Approximately 11 months ago, the online residential real estate company reached a significant high of $9.85 but has struggled to hold onto its gains and declined 85.23% since then.