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RBC Capital Markets downgrades Redfin, calls bull case for stock 'broken'

Published Fri, Feb 18 20226:08 AM EST

Jesse Pound @/in/jesse-pound @jesserpound

Glenn Kelman, CEO of Redfin.

David A. Grogan | CNBC

It is hard to see reasons for optimism for Redfin after a mixed fourth-quarter report, according to RBC Capital Markets.

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