Redfin Corp

9.98

+0.16001.63%

Post-market: 9.990.0119+0.12%19:59 EDT

Volume:12.37M

Turnover:125.91M

Market Cap:1.28B

PE:-6.46

High:10.57

Open:9.81

Low:9.75

Close:9.82

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Overview Company News Filings

Concept

Baillie Gifford Holdings-0.76%

Capital Flow

Inflow:

Outflow:

News

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Additional proceeds may be used to repay secured debt, amend other Nationstar notes, and cover transaction-related costs.The notes will be guaranteed by Rocket Mortgage and its subsidiaries. Upon completion of the planned acquisitions, Redfin  and Mr. Cooper will also guarantee the notes.The offering is expected to close June 20.The notes are subject to a special mandatory redemption if the Mr. Cooper deal isn't completed by Sept. 30, 2026, or if some proceeds aren't used within 45 days of the acquisition, according to the company.Shares of Rocket were up 3% in recent trading.Price: 12.86, Change: +0.38, Percent Change: +3.00","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK7084","COOP","RKT","BK4195","RDFN","BK4229","BK4547","BK4079","RKT.AU","BK4548"],"gpt_icon":0},{"id":"2541207989","title":"Home Listings Rise, But Mortgage Rates, Price Hold Buyers Back -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2541207989","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2541207989?lang=en_us&edition=fundamental","pubTime":"2025-06-05 22:22","pubTimestamp":1749133320,"startTime":"0","endTime":"0","summary":"1022 ET - New listings of U.S. homes for sale rose 6.3% year-over-year during the four weeks ending June 1, Redfin says. That's one of the smallest increases of the last three months. The biggest drops were in San Jose, CA. and four Florida metros: Orlando, Fort Lauderdale, Tampa and West Palm Beach. On the buying side, pending home sales declined 0.4% year-over-year to their lowest May level since 2020, and mortgage-purchase applications fell 3% week-over-week. Prospective buyers are backing off because housing costs are near record highs, with the median home-sale price up 1.2% year-over-year and the weekly average mortgage rate approaching 7%, and because the U.S. economy is seen as unpredictable by some. The typical home now sells for about 1% less than its asking price. 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Two proposals were presented at the meeting. The first proposal was to adopt the Agreement and Plan of Merger among Rocket Companies, Inc., Neptune Merger Sub, Inc., and Redfin, which was approved. The second proposal, a non-binding advisory vote on the compensation related to the proposed merger, was also approved.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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