Redfin Corp Stock News

Housing sector valuations and trends suggest holding Pulte, selling Rocket and Redfin, and buying MGIC and AGNC. Factors affecting the housing industry include a housing shortage, low affordability, e

Despite rising mortgage rates and a slightly cooling housing market, homebuilding stocks like Lennar NYSE: LEN and KB Homes NYSE: KBH are ripping higher and outperforming the S&P 500.

Since 1985, the Nasdaq-100 index has only declined in consecutive years on one occasion. The index plunged in 2022, but true to form, it's surged 34% already in 2023.

Elon Musk said this week that home prices will tumble soon, following those of commercial real estate. Redfin's CEO responded, saying the loss of demand for commercial real estate is driving up demand

This segment originally aired on May 25, 2023. Yahoo Finance housing reporter Rebecca Chen breaks down the state of real estate markets in the U.S., as well as how the current housing market compares

Navigating the tumultuous housing landscape can be a nerve-racking endeavor for long-term investors. With towering home prices, escalating mortgage rates, and a shrinking inventory, the echoes of a po

Many individual technology stocks are still heavily beaten down after a tough 2022. But a stumbling stock price doesn't always reflect the strength of a company's underlying business.

If we follow the common wisdom, the Federal Reserve raised interest rates in what could be its last major action against inflation, which would then make stocks to sell in a hawkish environment seem c

The real estate disruptor has rebounded nicely, but does it have a bright future?

A pair of analysts got more bullish on the real estate portal operator. This followed the previous week's earnings release.

Redfin's revenue fell 45% in Q1, yet its stock jumped 37% after the market found out. The company's bottom-line losses improved significantly, and it might even be EBITDA positive this year.

Redfin is still facing a tough real estate market, but the company is taking steps toward increased efficiency. Management is targeting positive adjusted EBITDA for the year.

Redfin Corporation shares powered 37% higher to $9.66 on Friday after the brokerage and real estate listings company reported first-quarter 2023 revenue of $325.7 million, down from $597.4 million a y

The stock's stellar performance arrives a day after the company posted a narrower-than-expected loss for its first quarter.

Redfin Corporation. (NASDAQ:RDFN ) Q1 2023 Earnings Conference Call May 4, 2023 4:30 PM ET Company Participants Meg Nunnally - Head of IR Glenn Kelman - President, CEO and Director Chris Nielsen - CFO