Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Should You Buy New IPO Redfin Stock? 4 Analysts Vote "No"

TheMotleyFool

0 0

Should You Buy New IPO Redfin Stock? 4 Analysts Vote "No"

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...

[endif]

Pity the folks who bought into Redfin's (NASDAQ: RDFN) IPO. Wall Street sold them the stock, and it did quite well initially -- but now, Wall Street wants no part of it.

Source: Fool.com