Nasdaq Welcomes Redfin (Nasdaq: RDFN) to The Nasdaq Stock Market
NEW YORK, July 28, 2017 (GLOBE NEWSWIRE) -- Redfin (Nasdaq:RDFN), a technology-powered, residential real estate brokerage that pairs its own agents with its own technology to create a service that is faster, better, and costs less, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.
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Redfin is a consumer centric residential real estate brokerage powered by technology, offering multiple online tools for customers. Redfin’s combination of technology and service has sought to redefine real estate in the consumer’s favor. Representing buyers and sellers in over 80 markets throughout the United States, Redfin consistently puts the consumer first in a commission-driven industry.
As one of the only major brokerages building virtually all of their own brokerage software, Redfin is internally designed for growth. The company utilizes next-generation technology, like machine learning, and comprehensive listings data to make buying and selling homes easier, faster, and less expensive for consumers.
“Redfin has been redefining the real estate industry since its inception, and we are proud to have them join Nasdaq’s family of innovative companies as they continue to disrupt the market with new and unprecedented ideas,” said Nelson Griggs, Executive Vice President, Head of Global Listings, Nasdaq.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Information about the company is provided by the company or comes from the company’s public filings and is not independently verified by Nasdaq. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to 3,800 total listings with a market value of $11 trillion. To learn more, visit: http://business.nasdaq.com
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