Can Redfin Stock Keep Going After Last Week's 10% Pop?
Wall Street wasn't initially impressed by Redfin's (NASDAQ: RDFN) first quarterly report as a public company two weeks ago. The stock opened slightly higher, only to close out the day with a 5% decline. Given a weekend to weigh the results, the bulls helped the stock bounce back with a 10.1% gain last week.
There were no bullish analyst notes or positive company developments driving last week's surge. We're just seeing more investors bidding up one of this year's better performing IPOs. Redfin went public at $15 less than two months ago. The stock has now soared 77% in its brief publicly traded tenure.
Image source: Redfin.
Source: Fool.com
Zillow Group Inc Stock
€38.56
0.180%
The community is currently still undecided about Zillow Group Inc with 1 Buy predictions and 0 Sell predictions.
As a result the target price of 60 € shows a very positive potential of 55.6% compared to the current price of 38.56 € for Zillow Group Inc.
