Shares of Redfin Corp. fell after hours on Wednesday, as the residential real-estate brokerage braced for what it said was a housing-market slump that could extend through at least next Read more
Tag: RDFN
Redfin stock falls as much as 15% after analyst says sell
Shares of Redfin Corp. sank into record-low territory Monday after Oppenheimer’ Jason Helfstein recommended investors sell, as he explained why he believed the real estate services company has a flawed Read more
U.S. stocks rise as Treasury and gilt yields fall after BOE intervention
U.S. stock indexes on Wednesday turned higher, helped by a fall in Treasury yields and a surprise intervention from the Bank of England in the U.K. gilt market, but Wall Read more
Housing market stocks give up gains as another jump in bond yields takes shine off strong data
Shares of companies in the real estate services and home building space backed way off their intraday highs on Tuesday, as another surge in Treasury yields to a more-than decade Read more
Facebook revenue declines for first time, and Meta’s downfall is expected to get worse
The second quarter was as bad as Meta Platforms Inc. executives feared, and the third quarter is expected to be worse. Meta META, +6.55% reported its first-ever year-over-year decline in Read more
Redfin stock dives after downgrade by long-time bull, downbeat home-buying deals data
Shares of Redfin Corp. took a dive Monday, after Wedbush backed away from its long-time bullish stance, just as the online real estate services company revealed data showing that home Read more
Redfin seeing San Francisco Bay Area housing market slowing fastest in the U.S.
Redfin Corp. RDFN, +4.75% said Friday that it is seeing the northern California housing market, including the San Francisco Bay Area, cooling faster than any other U.S. market, as mortgage Read more