CoStar's Stock Plummets Amid Heavy Investment in Residential Market
CoStar Group's stock has fallen 65% since its peak in August 2025, largely due to heavy losses from its residential real estate platform, Homes.com. The company spent over $3 billion on the platform over five years, but it only generated $100 million in revenue in 2025. Institutional investors are criticizing the investment strategy, which has led to significant financial losses.
Tickers: $CSGP
Topics: activist investors CoStar Group financial loss Homes.com stock performance