Real estate site Redfin up 11% on stock market day two

By Katie Roof Redfin, the Seattle-based real estate site, had a great first couple days on the stock market. After pricing above the expected range at $15 per share, the stock closed Friday up about 45% at almost $22. Today, shares were up another 11%, closing above $24. With a market cap approaching $2 billion, it’s more than double than the $770 million valuation that Redfin achieved in its last… Read More …read more

Source:: Tech Crunch Funding and Exits

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