Tuesday, May 14, 2013

Lots to Like at Trulia Except the Stock Price


After the market close on Tuesday, Trulia (NYSE: TRLA) reported results that missed analyst estimates. The stock though jumped after hours based on the rapid revenue growth and guidance.

The online marketplace for real estate has been on a tear of late and the latest news apparently didn’t disappoint those stockholders. Are investors overly excited about the prospects of a stock trading at nearly 10 times revenue estimates that more »


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