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.

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Source Fool.com