Redfin stock tanks as Needham slashes 2023 housing market outlook

Jan. 25, 2023 3:31 PM ETCompass, Inc. (COMP), ZG, Z, RDFNBy: Max Gottlich, SA News Editor7 Comments

Angled view of a Redfin For Sale sign outside a house in a residential neighborhood during the pandemic

Colleen Michaels/iStock Editorial via Getty Images

Redfin (NASDAQ:RDFN) stock experienced its worst intraday slump since November 2022, plunging as much as 15.3% earlier on Wednesday, after Needham analyst Bernie McTernan slashed his 2023 outlook for the U.S. housing market

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