CoStar Group shares rise 2.67% and outperform weaker market

10 articles · Updated · MarketWatch · May 7

The stock closed at $34.98 on Thursday as the S&P 500 fell 0.38% to 7,337.11 and the Dow Jones Industrial Average dropped 0.63% to 49,596.97.
The gain ended a two-day losing streak, while trading volume reached 6.9 million shares, above the company's 50-day average of 6.4 million.
Even after Thursday's advance, CoStar shares remain 64.10% below their 52-week high of $97.43 reached on 5 August.

With its stock down 64%, why is CoStar's CEO buying millions in shares now?

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