Detroit-based fintech platform Rocket Companies (NYSE: RKT) has reached an agreement to acquire the Seattle mortgage services company Redfin (NASDAQ: RDFN) in an all-stock transaction valued at $1.75 ...

Redfin (NASDAQ: RDFN) has been on a roll recently. The online real estate brokerage has surged on hopes that falling mortgage rates will trigger a rebound in the housing market. The stock has doubled ...

Shares of Redfin (NASDAQ: RDFN) were moving higher again today after the online real estate brokerage got an upgrade from a Wall Street analyst. It was the latest piece of good news for Redfin, which ...

Central bank policy affects all publicly listed U.S. businesses, more or less. Among the more directly affected companies is Redfin, (NASDAQ: RDFN) which operates a digital residential real estate ...

Redfin remains a terrible investment despite a 107% share price increase, due to ongoing unprofitability and excessive stock-based compensation. The company has never turned a profit in the past ...

Real estate companies have been absolutely crushed as interest rates soared and the housing market stumbled. Redfin (NASDAQ: RDFN) is the No. 1 real estate website by visitors, with more than five ...

Redfin's stock underperformed in 2024, in part due to the company continuing to lose market share. Redfin's financials are weak, with rising expenses, increased debt, and continued net losses, making ...

The Consumer Price Index (CPI) hit a 40-year high in June 2022. The Federal Reserve aggressively hiked interest rates to tame inflation, which put the brakes on real estate sales. Redfin has been a ...

Shares of digital real estate brokerage Redfin Corp (RDFN) soared over 75% in Monday’s pre-market session after fintech platform Rocket Companies (RKT) announced it would acquire the former in a $1.75 ...

Editor's Note: This article was corrected to reflect that Rocket is acquiring Redfin. JPMorgan's Dae K Lee is raising Redfin Corp‘s (NASDAQ:RDFN) stock price target from $7 to $12.50, matching Rocket ...

Redfin's business might have already hit rock bottom, and management is forecasting revenue to increase in the 2024 first quarter. The stock jumped last week after the company reported a new surge in ...