Why Redfin Stock Rocketed More Than 11% Higher on Monday
Largely in response to news regarding its ever-strengthening place within the real estate sales business, data from S&P Global Market Intelligence indicates that as of 3:54 p.m. ET Monday, Redfin (NASDAQ: RDFN) stock was up 11.4%.
More upside could be in store, too.
Last month, the National Association of Realtors (NAR) changed long-standing rules regarding agents' commissions, disclosure requirements, and use of the industry's internet listing technology. Intended to create more transparency for all parties involved in a sale, the move also posed the risk of lowering agents' net commissions. The new rules also proved particularly confusing to prospective buyers, who have generally not been responsible for paying any agent; that's typically been handled by the seller.
Source Fool.com
National Cinemedia Inc. Stock
Our community is currently high on National Cinemedia Inc. with 3 Buy predictions and 0 Sell predictions.
With a target price of 6 € there is potential for a 1845.53% increase which would mean more than doubling the current price of 0.31 € for National Cinemedia Inc..
