Is This Housing Tech Company In Danger of Stalling Out?
Real estate technology company Redfin Corporation (NASDAQ: RDFN) is trying to change how people buy and sell their homes. Home buying is a complex and often stressful process, but it hasn't changed much over time.
The idea of easily buying and selling your house is appealing, but Wall Street hasn't bought into Redfin's business model; the stock has fallen 90% from its high.
Redfin could be a home run if things work over the long term, but there are some red flags that investors should know about before putting their money at risk.
Source Fool.com