Redfin Stock Jumps By 29% In The Last 21 Sessions

(VIANEWS) – Shares of Redfin (NASDAQ: RDFN) rose by a staggering 29.29% in 21 sessions from $7.17 at 2023-04-27, to $9.27 at 16:08 EST on Friday, following the last session’s downward trend. NASDAQ is jumping 2.3% to $12,990.15, following the last session’s upward trend.

Redfin’s last close was $9.55, 26.71% under its 52-week high of $13.03.

About Redfin

Redfin Corporation operates as a residential real estate brokerage company in the United States and Canada. The company operates an online real estate marketplace and provides real estate services, including assisting individuals in the purchase or sell of home. It also provides title and settlement services; and originates and sells mortgages. The company was formerly known as Appliance Computing Inc. and changed its name to Redfin Corporation in May 2006. Redfin Corporation was incorporated in 2002 and is headquartered in Seattle, Washington.

Earnings Per Share

As for profitability, Redfin has a trailing twelve months EPS of $-2.55.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -173.25%.

More news about Redfin (RDFN).

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