Redfin IPO soars 45 percent on first day of trading

Redfin Corp. gave birth on Friday, and the baby (IPO) was showered with love from Wall Street. Shares, trading on the Nasdaq Global Select Market under the ticker symbol RDFN, soared 45 percent, to $21.70. Redfin, a real-estate company that utilizes online technology with traditional agents for buying and selling homes, priced its initial batch...