Redfin Stock Heads for a New Low. Its Business Is ‘Fundamentally Flawed.’

Redfin stock has been hit hard by a slowdown in the housing market. But an analyst says the real estate broker might also have fundamental problems with its business model. Oppenheimer analyst Jason Helfstein downgraded Redfin stock (ticker: RDFN) to Underperform from Perform in a research note published Sunday and set a 12-month price target … Read more

The major county in America where home prices just dropped the most is …

Buyers may be starting to see home price drops in some areas. (Getty Images) Home buyers have watched as home prices marched upwards for the past few years, but now many of you will finally get some relief — at least in some spots. “Home price appreciation has slowed dramatically in most markets, and there … Read more

Everyone’s a Landlord—Small-Time Investors Snap Up Out-of-State Properties

Jack Cronin found San Francisco-area homes too expensive or too far from the city center to buy when he lived there in 2020. The tech worker still wanted a piece of the hottest housing market of his lifetime, so he started looking farther afield. Last year, the 28-year-old used a website called Roofstock, which provides … Read more

Amazon, Alphabet, and 8 Other Beaten-Up Growth Stocks Set to Soar

Text size Amazon packages Thomas Samson/AFP via Getty Images Picking beaten-up growth stocks might not feel like a good idea these days, amid rising interest rates, inflation, and geopolitical chaos, But there is a price for everything and the recent selloff has left several large-capitalization growth stocks at levels Wall Street appears to love. Arguing … Read more

Zillow lost more than $230 million in its iBuying fire sale, but the stock is still surging

Three months after a home-flipping initiative imploded in an embarrassing public display, Zillow Group Inc. reported record revenue from selling the underwater homes Thursday, sending shares surging. Zillow Z, -1.75% ZG, -1.26% shares rose between 15% and 20% in after-hours trading Thursday, when executives revealed fiscal fourth-quarter revenue approaching $4 billion, more than the company … Read more

Opinion: Google is finally splitting its stock; will Amazon be next, leading to a Dow shakeup?

Alphabet Inc. is finally carving into its gargantuan stock price with a stock split, which leaves only one Big Tech company remaining with a huge per-share price despite an easy avenue to change it. Alphabet’s path to a stock split is more difficult than it was for Apple Inc. AAPL, -0.10%, which has split its … Read more