Diamonds and Dogs

11/1/21

Shake Shack (SHAK) gets an upgrade. The fast food chain is up 6% on an upgrade. The analyst set a price target of $90 a share citing a rise in digital sales and improved delivery service. The company improved their operating model during the pandemic to exit in stronger financial shape.

Zillow (ZG) owns too many homes. Zillow (ZG) is down 8% after word leaked they have too many homes in inventory and are trying to unload 7,000 homes. Back in September, Zillow put a record number of homes on the market at the lowest markups since November 2018.

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