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Redfin Climbs Off Worst Levels But Remains Firmly Negative

After showing a steep decline in early trading, shares of Redfin (RDFN) have climbed off their worst levels of the day but remain firmly negative. Redfin is currently down by 9.4 percent after hitting its lowest intraday level since its first trading day in July.

The initial sell-off by Redfin came after the residential real estate company reported third quarter results that came in below analyst estimates.

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