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 ...
Mortgage giant Rocket Companies (RKT) announced Monday it agreed to purchase digital real estate brokerage Redfin (RDFN) in an all-stock deal valued at $1.75 billion. Redfin stock rose as much as 76% ...
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 ...
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 ...
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 ...
The merger of Rocket and Redfin offers significant synergies, with Rocket expecting $200 million in run-rate synergies by 2027, primarily from cost savings. Redfin's competitive advantage lies in its ...
Largely in response to news regarding its ever-strengthening place within the real estate sales business, data from S&P Global Market Intelligence indicates that as of 3:54 p.m. ET Monday, Redfin ...
Redfin's unique selling points have vanished, including eliminating buyer rebates and converting agents back to a commission model, causing a decline in market share and revenue. Redfin's Q3 results ...
Wall Street predicts the Federal Reserve will lower interest rates three times before the end of 2024. That expectation has driven a surge in shares of real estate technology company Redfin this month ...
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 ...