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Redfin will cut about 6% of its workforce while Compass plans on cutting around 10%.
Shares of Redfin Corp. RDFN, -3.63% dropped 3.7% toward a record low in midday trading Tuesday, after the real estate brokerage disclosed a decision to lay off 470 employees, or about 6% of its workfo

Why Redfin Stock Plummeted by Nearly 11% Today

07:21pm, Monday, 13'th Jun 2022
The company's research reveals that luxury home buying is slowing considerably, and potential homeowner budgets are flattening.
These highly innovative growth stocks are begging to be bought by opportunistic investors.

Real Estate Stock's Floor Could Be at Risk

02:46pm, Thursday, 09'th Jun 2022
Real estate brokerage Redfin Corp (NASDAQ:RDFN) is down 6.3% at $10.37 at last check, after the company reported the number of homes for sale fell 8% in the four weeks ending on June 5 -- the smalle

Is Redfin the Future of Real Estate?

10:02am, Friday, 03'rd Jun 2022
Redfin has an exciting business model, but it carries big question marks.

Why Redfin Stock Fell 12% in May

02:25pm, Thursday, 02'nd Jun 2022
Shares of the real estate stock pulled back on rising rates.

5 Top Stocks for June

09:31am, Tuesday, 31'st May 2022
With summer heating up, will the market finally catch a break?
These three markets are heating up, but I'm staying far away.
SEATTLE--(BUSINESS WIRE)--Redfin Corporation (NASDAQ: RDFN) today announced that Chief Financial Officer Chris Nielsen will present at the following virtual event: Jefferies Virtual Internet Summit Tu
New home sales in April came in weaker than expected.

These 3 Stocks Are on Track for a Sizzling Summer

10:16am, Saturday, 21'st May 2022
Hot dogs and hamburgers aren't the only thing sizzling this summer.
Redfin Corp (NASDAQ:RDFN) is down 6.1% at $10.07 at last check, after the real estate name made headlines earlier this week when CEO Glenn Kelman sold 15,000 shares on Wednesday.
Higher interest rates might soften the real estate market, but Redfin is still poised for growth.
The relationship between migration and inflation has strengthened as more people relocate from expensive cities to more affordable areas, according to Redfin.
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