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Redfin (RDFN) Soars 7.7%: Is Further Upside Left in the Stock?
RDFNRedfin(RDFN) ZACKS·2024-07-15 14:42

Redfin (RDFN) shares soared 7.7% in the last trading session to close at $7.57. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 9% gain over the past four weeks. This real estate broker is expected to post quarterly loss of $0.25 per share in its upcoming report, which represents no change from the year-ago quarter. Revenues are expected to be $291.59 million, up 5.8% from the year-ago quarter. For Redfin, the consensus EPS estim ...