1 Super Stock Down 92% to Buy Hand Over Fist Before September
RDFNRedfin(RDFN) The Motley Fool·2024-08-17 16:51

Redfin is improving its revenue, profits, and market share in a slowing real estate market, and its business could benefit from a big tailwind next month.Redfin (RDFN -1.84%) is a real estate technology company, and it operates one of the largest brokerages in America. The rapid rise in interest rates during 2022 and 2023 shrank the borrowing capacity of most consumers and put the brakes on the housing market, which crushed Redfin's primary business.With that said, the company continues to deliver modest re ...