Berenberg Initiates Coverage On Redfin with Hold Rating, Announces Price Target of $64
Berenberg initiates coverage on Redfin (NASDAQ:RDFN) with a Hold rating and announces Price Target of $64.
Nearly 40% Of Utah Homes Face High Fire Risk
Two out of every five homes in Utah face high fire risk this year while California’s pricey housing market would suffer the greatest financial losses from potential wildfire-fueled destruction, according to a new data report from Redfin Corp (NASDAQ:
Home Price Growth Accelerates At ‘Extraordinary’ Speed: S&P Case-Shiller Report
U.S. home prices have skyrocketed at a rate that hasn't been seen in more than 30 years, according to the latest data from Standard & Poor’s S&P CoreLogic Case-Shiller Indices.
Blackstone Real Estate Income Trust Acquires Home Partners Of America
Blackstone Real Estate Income Trust, Inc. (BREIT), a real estate investment platform managed by a subsidiary of Blackstone Group Inc (NYSE: BX), has announced its acquisition of Home Partners of America (HPA), valuing the company at $6 billion.
72 Biggest Movers From Yesterday
Gainers
SemiLEDs Corporation (NASDAQ: LEDS) shares surged 85.8% to settle at $10.22 on above-average volume.
Why Redfin’s Stock Is Down During Today’s Session
Redfin (NASDAQ:RDFN) shares are trading lower after the company reported worse-than-expected Q1 EPS.
Earnings Scheduled For May 5, 2021
Companies Reporting Before The Bell
• Monmouth Real Estate (NYSE:MNR) is likely to report earnings for its second quarter.
Signal Advisors Adds $10M Series A Led By General Catalyst
Detroit-based Signal Advisors, a tech-enabled distributor of annuities and life insurance, announced the closure of a $10 million Series A led by General Catalyst.
Stocks That Hit 52-Week Highs On Wednesday
During the morning session on Wednesday, 398 stocks hit new 52-week highs. Interesting Highlights: Alphabet (NASDAQ:GOOGL) was the largest company…