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Here's Why I Still Own Redfin

Here's Why I Still Own Redfin

Redfin (NASDAQ: RDFN) peaked at more than 14 times its current stock price in 2021, and it isn't hard to see why investor sentiment has soured. At that time, the U.S. real estate market was on fire. Plus, investors had high hopes that the Redfin Now iBuying business was going to be a massive growth driver.