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Can Redfin Succeed If the Real Estate Market Stays Slow?

TheMotleyFool

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Can Redfin Succeed If the Real Estate Market Stays Slow?: https://g.foolcdn.com/editorial/images/752549/house-for-sale-2022.jpg

Redfin (NASDAQ: RDFN) has said that it aims to produce positive adjusted EBITDA over the next four quarters, and that the business will achieve positive net income by the end of 2024. But are these projections realistic? Here's what Fool.com contributor Tyler Crowe and I think.

*Stock prices used were the afternoon prices of Oct. 26, 2023. The video was published on Oct. 26, 2023.

Source Fool.com

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