In light of its optimistic valuation and the downside risk associated with the business ultimately being viewed as a traditional real estate brokerage with fancy apps, this upcoming IPO is in the Danger Zone this week.
from Forbes Real Time http://www.forbes.com/sites/greatspeculations/2017/07/26/redfins-valuation-requires-viewing-it-as-tech-firm-not-brokerage/
via IFTTT
No comments:
Post a Comment