Here's Why Redfin Stock Plunged on Friday - Nasdaq

Shares of Redfin (NASDAQ: RDFN)lost 20% of their value on Friday, following the release of the real estate company's fourth-quarter earnings report. See more


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Here's Why Redfin Stock Plunged On Friday - Nasdaq

2 weeks from now

Shares of Redfin (NASDAQ: RDFN)lost 20% of their value on Friday, following the release of the real estate company's fourth-quarter earnings report. See more

nasdaq.com

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Here's Why Redfin Is Plunging Today - The Motley Fool

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Aug 4, 2023  · The stock market was having a strong day on Friday, with all three major indices slightly higher. However, real estate technology company Redfin (RDFN -2.62%) was a …

fool.com

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Why Redfin Stock Was Plummeting This Week - Yahoo Finance

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Apr 19, 2024  · According to data compiled by S&P Global Market Intelligence, Redfin (NASDAQ: RDFN) stock was down by nearly 12% week to date in the hours before market open Friday. …

yahoo.com

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Why Redfin Stock Plunged 79% In The First Half Of The Year - Nasdaq

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Jul 11, 2022  · Redfin's potential as a real estate disruptor still seems intact, and the stock is trading at a forward price-to-sales ratio of just 0.4, though much of that revenue has come …

nasdaq.com

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Here's Why Redfin Stock Plunged On Friday - The Globe And Mail

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Feb 18, 2022  · What happened Shares of Redfin(NASDAQ: RDFN) lost 20% of their value on Friday, following the release of the real estate company's fourth-quarter earnings report.

theglobeandmail.com

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Why Redfin Stock Spiked Today - Yahoo Finance

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Aug 23, 2024  · However, as interest rates rose after the pandemic, the housing market went cold and Redfin stock plunged, falling more than 90% from peak to trough.

yahoo.com

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Why Redfin Stock Plunged On Friday - The Motley Fool

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Mar 27, 2020  · Shares of Redfin (RDFN -0.36%) fell more than 14% on Friday. A host of factors are weighing on the discount real estate brokerage's stock price and the housing market as a …

fool.com

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Redfin (NASDAQ:RDFN) Shares Gap Up - Here's Why - MarketBeat

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6 hours ago  · Redfin Co. (NASDAQ:RDFN - Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $7.37, but opened at $7.91. Redfin shares …

marketbeat.com

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Redfin (NASDAQ:RDFN) Trading Down 5.5% - Here's Why

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Jan 7, 2025  · Shares of Redfin Co. (NASDAQ:RDFN - Get Free Report) traded down 5.5% on Tuesday . The company traded as low as $7.65 and last traded at $7.77. 2,312,136 shares …

marketbeat.com

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Why Redfin Stock Was Tumbling Today - Nasdaq

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Jan 25, 2023  · Redfin stock plunged nearly 90% last year as the pandemic-driven real estate boom came to an end and the company was forced to shut its home-flipping business, …

nasdaq.com

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Stock Market Today: Live Updates - CNBC

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3 days ago  · Stocks slipped Monday as key tech shares that have led the bull market continued to be dumped by investors. The S&P 500 lost 0.6%, and the Nasdaq Composite dropped 1.3%. …

cnbc.com

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Stock Market Today: Dow Pops Higher, Tech Weighs On Nasdaq As …

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2 days ago  · The Dow Jones Industrial Average (^DJI) fell about 0.1%. Stocks continued their sell-off from Friday's plunge, which wiped out all year-to-date gains for the major averages.

yahoo.com

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Here's Why Redfin Shares Dropped 18% In April - Nasdaq

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May 4, 2023  · What happened Redfin (NASDAQ: RDFN) stock tumbled 17.8% in April, according to S&P Global Market Intelligence. The real estate tech stock suffered after negative news …

nasdaq.com

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Why Redfin Stock Fell 14% This Week - Nasdaq

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Oct 20, 2023  · Shares of Redfin (NASDAQ: RDFN) were down 13.6% this week at Thursday's close, according to data provided by S&P Global Market Intelligence, amid a barrage of …

nasdaq.com

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Nvidia Owns 6 Artificial Intelligence (AI) Stocks. Here's Why

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1 day ago  · But it's off to a very rocky start in 2025 -- last week (ended Friday, Jan. 10), its price plunged by 32% as investors trimmed their bets on stocks with elevated valuations.

nasdaq.com

FAQs about Here's Why Redfin Stock Plunged on Friday - Nasdaq Coupon?

Why was redfin stock down 12% a week?

According to data compiled by S&P Global Market Intelligence, Redfin (NASDAQ: RDFN) stock was down by nearly 12% week to date in the hours before market open Friday. Investors were concerned about the latest speculation regarding the Federal Reserve's moves -- or lack thereof -- on interest rates. ...

What happened to Redfin shares?

What happened Shares of Redfin (NASDAQ: RDFN) lost 20% of their value on Friday, following the release of the real estate company's fourth-quarter earnings report. ...

Why is redfin Corp (RDFN) trading lower Friday morning?

Redfin Corp (NASDAQ:RDFN) is trading lower Friday morning after the company reported fourth-quarter financial results and issued guidance for expanding losses. Redfin reported quarterly revenue of $643.1 million, which beat the $598.76 million estimate. ...

Why did redfin stock rise?

Shares of Redfin (NASDAQ: RDFN) rose as the online real-estate brokerage benefited from continuing signs that the housing market could be at the early stages of a recovery, following an extended slump after the height of the pandemic. ...

Is Redfin a good stock to buy?

In short, while Redfin is making excellent progress, the slow real estate market is delaying the company's expected profitability timetable. What's more, Redfin's market share in the second quarter was 0.75% of U.S. existing home sales, down from 0.83% a year ago. ...

What would redfin do if rates went back up?

When asked on a recent earnings call what the company would do if rates went back up, CEO Glenn Kelman said the company had built a more resilient model that could gain market share regardless of the direction of interest rates. Where does Redfin stock go now? ...

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