Shares of Redfin Corp (RDFN) are trading -12% lower at a price of $10.045 at the time of this writing. The Real Estate sector is having a generally glum day, this hasn't really affected the stock's share price, as it floundering behind other names in the space.

Redfin Corp has been trading between a 52-week high of $55.87 and a 52-week low of $7.13. The stock has a market cap of $1.09 Billion.

Redfin is a technology-powered real estate broker, instant home-buyer (iBuyer), lender, title insurer, and renovations company. The Company sells homes for more money and charge half the fee. It also runs the country's #1 real-estate brokerage site.

Redfin Reports Slowdown Starts to Ease as Drop in New Listings Hampers Supply
Wallstreet:Online 08-18-22

Redfin Corp. PT Raised to $9 at Compass Point
Investing.com 08-18-22

Tread Lightly into This Sector
InvestorPlace 08-16-22

Record Number Of Homebuyers Walk Away From Contracts As Builders Reel Amid Glut Of Unsold Houses
Zero Hedge 08-16-22

Redfin Reports Newly-Listed Homes Fall Most Since 2020 as Sellers Pull Back
Wallstreet:Online 08-11-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

RCEast - 1 upvotes - source
Shit I’m down less on BBBY then my RDFN and RIOT, not sweating it.