Redfin ’s stock rallies more than 12% after Apollo throws real-estate brokerage a lifeline

Shares of Redfin Corp. jumped more than 12% in the extended session Monday after news that Apollo Global Management has agreed to commit up to $250 million in financing for the real-estate brokerage. “This transaction strengthens Redfin’s balance sheet by extending our debt maturities into 2028,…#redfincorp #redfin #apollo

Source: Reuters: Health - October 23, 2023 Category: Consumer Health News Source Type: news