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Benzinga
Benzinga
Business
Adam Eckert

Why Redfin Shares Are Falling Today

Redfin Redfin Corp

Redfin Corp (NASDAQ:RDFN) is trading lower Friday morning after the company reported fourth-quarter financial results and issued guidance for expanding losses. 

Redfin reported quarterly revenue of $643.1 million, which beat the $598.76 million estimate. The company reported an earnings loss of 27 cents per share, which beat the estimate for a loss of 31 cents per share. 

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