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Redfin Stock Bullish Momentum With A 9% Jump So Far On Wednesday

Redfin Stock Bullish Momentum With A 9% Jump So Far On Wednesday
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(VIANEWS) - Shares of Redfin (NASDAQ: RDFN) jumped 9.04% to $10.61 at 11:34 EST on Wednesday, following the last session's downward trend. NASDAQ is jumping 0.54% to $12,245.00, following the last session's downward trend. This seems, at the moment, a somewhat positive trend exchanging session today.

Redfin's last close was $9.73, 25.33% below 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 $-2.85.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Redfin's EBITDA is -31.18.

Growth Estimates Quarters

The company's growth estimates for the ongoing quarter and the next is 49.3% and 81.9%, respectively.

More news about Redfin (RDFN).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.