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July 28, 2017

Redfin soars 45% after IPO; CEO calls it ‘Amazon of real estate’

 It was a great day for Redfin, the Seattle-based real estate site that finally went public after 13 years as a startup. After pricing higher than expected at $15 per share and raising $138 million, the stock soared 45 percent before closing the day $21.72. This gives Redfin a market cap of $1.73 billion, well above its last private round, which was about $770 million. Redfin raised over… Read More


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