Redfin (NASDAQ: RDFN) recently reported its third-quarter earnings, and to be fair, the relatively weak numbers were largely due to the terrible real estate market right now and not any wrongdoing by the company. However, one number in particular could be a cause for concern, and longtime Fool.com contributors Matt Frankel and Tyler Crowe discuss it in this video.
*Stock prices used were the morning prices of Nov. 14, 2024. The video was published on Nov. 15, 2024.
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Matt Frankel has positions in Redfin. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool recommends Redfin and recommends the following options: short November 2024 $13 calls on Redfin. The Motley Fool has a disclosure policy.
Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.