The housing disruptor faces a tough environment, but it could have tremendous potential if it can make it through.
To say that Redfin (RDFN 0.57%) has been an underperformer doesn't really do the situation justice. The real estate disruptor has fallen by about 95% from the highs to an all-time low. In this video, Matt Frankel, CFP® discusses why he owns shares of Redfin and what he's watching going forward.
*Stock prices in the video are as of Oct. 18, 2022 midday. The video was published on Oct. 18, 2022.
Matthew Frankel, CFP® has positions in Redfin. The Motley Fool has positions in and recommends Redfin. The Motley Fool recommends the following options: short November 2022 $17 calls on Redfin. The Motley Fool has a disclosure policy.
Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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