When a stock drops by more than 6% in one day due to a research report, long-term investors need to see if any issues were brought up that change the investment thesis. On Friday, Zillow (NASDAQ: Z ) plunged nearly $10 at one point on the back of a negative report by Citron Research. In some regards, the situation is even more pressing in a stock such as Zillow, which had gained more than 330% off the bottom prior to the report on Friday.
Read the full article here.
Disclosure: No positions mentioned.