Redfin (RDFN) Reaches $24.72 After 6.00% Up Move; Fusion Telecommunications International – CO (FSNN) Shorts Increased By 39.83%

June 14, 2018 - By Peter Hammer

Fusion Connect, Inc. (NASDAQ:FSNN) Logo

The stock of Redfin Corporation (NASDAQ:RDFN) is a huge mover today! The stock increased 3.41% or $0.82 during the last trading session, reaching $24.72. About 1.04 million shares traded. Redfin Corporation (NASDAQ:RDFN) has 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500. Some Historical RDFN News: ; 11/05/2018 – Macquarie Investment Business Trust Buys 1.1% of Redfin; 10/05/2018 – Thursday is the most popular day for agents to debut new listings, and homes listed on that day apparently sell fastest, according to Redfin, a real estate brokerage; 07/05/2018 – Redfin Closes Above 50-Day Moving Average: Technicals; 09/05/2018 – Redfin Report: Even With a 20% Wage Increase, Less Than 1% of Homes in Phoenix Will Be Affordable to Teachers; 14/05/2018 – Redfin Report: Shrinking Supply Sends Prices for Luxury Homes Up Nearly 8 Percent in First Quarter; 17/05/2018 – Redfin Report: Homes Sold Faster Than Ever in April; Prices Rose 7.6%; 25/04/2018 – Redfin Mortgage Launches in Ohio; 11/05/2018 – REDFIN CORP RDFN.O : COWEN AND COMPANY RAISES TARGET PRICE TO $30 FROM $29; 10/05/2018 – Redfin First-Quarter 2018 Revenue up 33% Year-over-Year to $79.9 Million; 02/05/2018 – Canderel and Maple Red Financial Management Canada celebrate LEED Gold® for Bentall Centre Towers I-II-III and LEED PlatinumThe move comes after 6 months positive chart setup for the $2.05 billion company. It was reported on Jun, 14 by Barchart.com. We have $26.20 PT which if reached, will make NASDAQ:RDFN worth $123.00 million more.

Fusion Telecommunications International Inc – CO (NASDAQ:FSNN) had an increase of 39.83% in short interest. FSNN’s SI was 1.20 million shares in June as released by FINRA. Its up 39.83% from 855,700 shares previously. With 313,100 avg volume, 4 days are for Fusion Telecommunications International Inc – CO (NASDAQ:FSNN)’s short sellers to cover FSNN’s short positions. The SI to Fusion Telecommunications International Inc – CO’s float is 6.6%. The stock decreased 0.53% or $0.02 during the last trading session, reaching $3.76. About 63,354 shares traded. Fusion Connect, Inc. (NASDAQ:FSNN) has risen 109.65% since June 14, 2017 and is uptrending. It has outperformed by 97.08% the S&P500. Some Historical FSNN News: ; 22/03/2018 – Fusion Telecomm 4Q Loss/Shr 18c; 07/05/2018 – Fusion Telecomm: Total Enterprise Value of Transaction Approximately $600M; 12/03/2018 – FUSION TELECOMMUNICATIONS INTERNATIONAL – UNDER AMENDMENT, THE PARTIES AGREED TO REDUCE BOARD’S SIZE UPON CONSUMMATION OF MERGER FROM 9 TO 7 MEMBERS; 07/05/2018 – Hood River Capital Buys 1.7% Position in Fusion Connect Inc; 07/05/2018 – Fusion Announces Closing of Birch Acquisition; 17/05/2018 – Fusion to Participate at Upcoming Investor Conferences; 15/05/2018 – Fusion Connect 1Q Loss/Shr 20c; 26/04/2018 – Emerald Mutual Advisers Trust Buys Into Fusion; 22/05/2018 – Fusion Connect Presenting at Conference Tomorrow; 10/05/2018 – Fusion Connect: Deal Seen Closing Within Next 90 Day

Analysts await Redfin Corporation (NASDAQ:RDFN) to report earnings on September, 6. They expect $0.01 earnings per share, down 83.33% or $0.05 from last year’s $0.06 per share. RDFN’s profit will be $829,288 for 618.00 P/E if the $0.01 EPS becomes a reality. After $-0.44 actual earnings per share reported by Redfin Corporation for the previous quarter, Wall Street now forecasts -102.27% EPS growth.

Among 6 analysts covering Redfin (NASDAQ:RDFN), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Redfin had 8 analyst reports since August 22, 2017 according to SRatingsIntel. As per Friday, November 10, the company rating was maintained by Bank of America. As per Friday, November 10, the company rating was maintained by Oppenheimer.

Redfin Corporation operates as a real estate brokerage firm in the United States. The company has market cap of $2.05 billion. The firm operates an online real estate marketplace and provides real estate services, such as assisting individuals to purchase or sell their residential property. It currently has negative earnings. It also provides title and settlement services; and originate mortgages.

More recent Redfin Corporation (NASDAQ:RDFN) news were published by: Seekingalpha.com which released: “Redfin says May real estate market is fastest on record” on June 14, 2018. Also Seekingalpha.com published the news titled: “Redfin: ‘Amazon’ Of Real Estate?” on May 30, 2018. Fool.com‘s news article titled: “Redfin Advances Its Assault on the Real Estate Industry” with publication date: May 19, 2018 was also an interesting one.

Among 3 analysts covering Fusion Telecommunications International (NASDAQ:FSNN), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Fusion Telecommunications International had 6 analyst reports since January 4, 2017 according to SRatingsIntel. As per Thursday, January 11, the company rating was maintained by FBR Capital. The rating was maintained by FBR Capital on Tuesday, November 14 with “Buy”. The rating was maintained by B. Riley & Co on Tuesday, August 29 with “Buy”. The firm earned “Buy” rating on Wednesday, August 30 by Craig Hallum.

Another recent and important Fusion Connect, Inc. (NASDAQ:FSNN) news was published by Globenewswire.com which published an article titled: “Fusion to Participate at Upcoming Investor Conferences” on May 17, 2018.

Fusion Telecommunications International, Inc., together with its subsidiaries, provides cloud communications, cloud connectivity, cloud infrastructure, cloud computing, and managed cloud solutions to small, medium, and large businesses worldwide. The company has market cap of $287.94 million. The firm operates in two divisions, Business Services and Carrier Services. It currently has negative earnings. The Business Services segment offers cloud voice and unified communications as a service, which enhance communication and collaboration on virtually various devices and places; cloud connectivity services that connect clients to the cloud with managed network solutions; and cloud computing and infrastructure as service solutions that are designed to provide enterprise clients with a platform on which additional cloud services can be layered, as well as SIP trunking solution, which allows a customer to retain and use its existing telephone system.

Redfin Corporation (NASDAQ:RDFN) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: