HomeInvestingFundamental AnalysisRedfin (RDFN) Is "Fundamentally Flawed"
Redfin (RDFN) Is "Fundamentally Flawed"

Redfin (RDFN) has been downgraded to underperform from perform by Oppenheimer. Oppenheimer also says that RDFN's business model is "fundamentally flawed." George Tsilis joins Alex Coffey to discuss RDFN. He talks about how RDFN is facing a lot of macro headwinds. He notes that RDFN doesn't generate revenue like Zillow (Z) does. He then goes over how housing market declines, interest rates, and prices could make it difficult for Redfin to perform well. Tune in to find out more about the stock market today.

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