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CoStar Shares Slide Despite Raised Guidance and Strong Quarter
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CoStar Shares Slide Despite Raised Guidance and Strong Quarter
CoStar Group shares fell sharply Wednesday even after the real estate data and analytics firm lifted its full-year guidance and reported better-than-expected third-quarter results. The stock dropped 12% in afternoon trading as investors appeared to take profits following a strong run-up in the shares this year. The company now expects 2025 revenue between $3.23 billion and $3.24 billion, slightly above its prior forecast of $3.13 billion to $3.1…
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