DE Shaw joins Third Point in calling for CoStar to exit residential business
ByAinvest
Thursday, Feb 5, 2026 4:35 am ET1min read
CSGP--
DE Shaw, a hedge fund, has joined Third Point in calling on CoStar Group to abandon its residential business, citing underperformance and poor profitability. CoStar's Homes.com unit has been accused of being unprofitable and draining resources. CoStar has rejected the criticism, defending Homes.com as strategically critical and highlighting its growth potential. The company's shares have fallen 23% year-to-date.
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