Redfin (RDFN) Moves 8.7% Higher: Will This Strength Last?
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Redfin (RDFN) saw a significant 8.7% increase in its stock price during the last trading session, accompanied by higher-than-average trading volume. However, the current trend in earnings estimate revisions may not support continued upward movement in the near term.
February 13, 2025 | 4:30 pm
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Redfin's stock price increased by 8.7% with higher-than-average trading volume. Despite this, the trend in earnings estimate revisions suggests that the stock may not continue to rise in the near term.
The stock's recent price increase is notable, but the lack of positive earnings estimate revisions indicates that the upward momentum may not be sustainable. Investors should be cautious about expecting continued gains without supportive earnings trends.
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