Shares of technology-enhanced real estate broker Redfin (NASDAQ: RDFN) were up 21% today as of market close. It's more of a consolation prize for those shareholders (myself included) holding the bag ...
Redfin stock is up over 100% YTD despite declining revenue trends and market share weakness. The company is experiencing double-digit declines in brokerage revenue, with traffic declining y/y and ...
The merger of Rocket and Redfin offers significant synergies, with Rocket expecting $200 million in run-rate synergies by 2027, primarily from cost savings. Redfin's competitive advantage lies in its ...
Demand for residential housing was hot during the pandemic's height. Home sales and prices surged higher, benefiting companies like Redfin. The last couple of years have seen rising interest rates and ...
Mortgage giant Rocket Companies (RKT) announced Monday it agreed to purchase digital real estate brokerage Redfin (RDFN) in an all-stock deal valued at $1.75 billion. Redfin stock rose as much as 76% ...
Redfin stock soared after the Federal Reserve stepped in following the collapse of Silicon Valley Bank. Shares are rebounding on optimism that mortgage rates have peaked. After the stock fell nearly ...
Central bank policy affects all publicly listed U.S. businesses, more or less. Among the more directly affected companies is Redfin, (NASDAQ: RDFN) which operates a digital residential real estate ...
Redfin Corp. shares plunged nearly 17% in after-hours trading Thursday, after executives predicted losses in the first quarter of 2022 would exceed full-year losses in 2021 as the company maintains an ...
Redfin was founded in 2004 and was the first company to show homes for sale on an interactive map. Revenue was up in the second quarter of 2022 as the company continues to make inroads in the ...
Redfin beat analyst expectations for its fiscal third quarter, reporting revenue of $236.9 million and earnings per share of $0.32. Revenue was down 1% year-over-year due to a pandemic-driven ...
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