Closing Bell Overtime: Redfin CEO on the Wild Housing Market; Polaris CEO Unveils New Marketplace 3/28/23

Published: March 28, 2023, 9:14 p.m.

b'All three major averages closed lower\\u2014the second straight negative session for the Nasdaq. Bespoke\\u2019s Paul Hickey talked the market action while Micron and Lululemon reported latest quarterly numbers. Needham\\u2019s Raji Gill, the first analyst on the Street to capture negative gross margins, gives his instant reaction while Oppenheimer\\u2019s Brian Nagel talked Lululemon\\u2019s strong quarter that sent the stock higher in overtime trading. Former FDIC Chair Sheila Bair weighed in on the recent weeks of volatility in the banking sector\\u2014and what she would have done differently. Our Meg Tirrell reports on the antibiotic shortages across the country and Michael Santoli on the stock impact of Alibaba\\u2019s plan to split into six business groups. Plus, as home prices fell for the seventh straight month, Redfin CEO talks the latest signals in the housing market while Polaris CEO Mike Speetzen discusses the state of the consumer and Polaris\\u2019 new online marketplace for customers to buy and sell new and used vehicles.'