Shares of Redfin (NASDAQ: RDFN) were moving higher last month as the online real estate brokerage benefited from falling mortgage rates and some positive analyst chatter. 

After the stock fell nearly 90% last year, shares look cheap and some investors saw a buying opportunity as they anticipated that mortgage rates have peaked. According to data from S&P Global Market Intelligence, the stock finished the month up 22%.

As you can see from the chart below, the stock surged in the third week of the month and tacked on gains from there.

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Source Fool.com