Trulia Inc. (TRLA) spiked sharply to the upside around 1:45PM Thursday, after media reports Zillow (Z) is interested in acquiring the company. Trulia ended the session with a gain of 13.16 at $53.74, with volume at a 5-month high. The stock surged to a new high for the year.
Zillow also spiked higher on the reports and finished with a gain of 19.29 at $145.76 on the highest volume of the year. The stock broke out past resistance and also set a new high for the year.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.