Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Redfin Is Rising for the Second Straight Day

TheMotleyFool

0 0

Why Redfin Is Rising for the Second Straight Day: https://g.foolcdn.com/editorial/images/709060/virtual-online-house-home-listing-for-sale-getty.jpeg

Shares of Redfin (NASDAQ: RDFN) were climbing for the second consecutive day following a third-quarter earnings report that missed Wall Street expectations but still contained good news for investors. Shares are 13.7% higher at 11:41 a.m. ET on Friday.

Redfin's instant home purchase iBuying program is being jettisoned, and the real estate outfit was cutting the size of its workforce.

Image source: Getty Images.

Source Fool.com

Like: 0

RDFN

Share