A housing market recovery could turbocharge Redfin's growth. SoFi Technologies is winning market share in the burgeoning financial services industry.

Redfin: How Far From The End?

03:27pm, Friday, 25'th Aug 2023
Redfin's stock performance has plummeted from all-time highs to all-time lows, with a drawdown of nearly 97%. The company's lack of profitability and declining revenues raise concerns about its surviv
Is the housing market about to crash? That question has been on the minds of many prospective homebuyers lately.
Redfin reported that newly built homes are on the rise, accounting for nearly a third of single-family homes. It comes at a time when there is a severe shortage of existing homes.
The housing market's remained tight this year following steep interest-rate increases.  High mortgage rates and price increases have meant fewer property listings.
In 2008, I accidentally discovered a way to beat the market. By experimenting with the latest regression analysis techniques, I found that investors could pick up several percentage points per trade o
Your stocks might occasionally post bad results, but it's important to take a closer look.
Wall Street analysts are debating if a bull market has officially begun yet, but it's definitely coming. A new bull market might coincide with improved economic conditions.
Redfin and Zillow Group‘s second-quarter earnings reports point to more pain in the real estate market as limited housing supply and climbing mortgage rates throttle transaction volume.
Shares of tech-focused real-estate firm Redfin Corp. and online home-buying platform Opendoor Technologies Inc. were hit hard on Friday, after both companies a day earlier gave weaker-than-expected sa

Here's Why Redfin Is Plunging Today

12:34pm, Friday, 04'th Aug 2023
Redfin reported second-quarter earnings that beat expectations on the top and bottom lines. Declining market share and a longer timetable to profitability disappointed investors.
Redfin stock plunged as much as 24% Friday following a downbeat earnings report. Second-quarter revenue dropped 21% compared to 2022.
Mortgage payments are 19% more expensive than last year, Redfin data shows. The typical homebuyer's monthly mortgage payment was $2,605 during July.
Redfin (RDFN) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to loss of $0.73 per share a year ago.
Redfin Corp.'s stock RDFN, +0.14% slid 10% in after-hours trade Thursday, after the real estate company said it will take longer to break even than expected after it lost market share in its latest qu
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE