Opendoor Technologies Stock News

Shares of Opendoor Technologies (OPEN 14.57%) surged today, seemingly in response to President-elect Trump's plans to make hedge fund manager Scott Bessent the next Treasury secretary.

Interest rate cuts were supposed to help Opendoor — but they did little to fuel growth. Exisitng home sales remain below 4M, the lowest since 1995. Elevated housing market uncertainty forced Opendoor to maintain higher spreads, thus delaying Opendoor's rescaling efforts.

A Few Years From Now, You'll Wish You'd Bought This Undervalued Stock

Opendoor's third-quarter numbers exceeded expectations, so why isn't the stock moving higher?

Just because they aren't anyone's favorites right now doesn't mean they're not worth owning.

Opendoor Technologies outperformed revenue expectations in Q3 2024, amid a challenging housing market, but faced pressure on profit margins.

Opendoor Technologies Inc. (NASDAQ:OPEN ) Q3 2024 Earnings Call Transcript November 7, 2024 5:00 PM ET Company Participants Kimberly Niehaus - IR Carrie Wheeler - CEO Christy Schwartz - Interim CFO Conference Call Participants Ygal Arounian - Citigroup Ryan Tomasello - KBW Nick McAndrew - Zelman & Associates Operator Good day and thank you for standing by. Welcome to the Opendoor Third Quarter ...

SAN FRANCISCO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its third quarter ended September 30, 2024. Opendoor's third quarter 2024 financial results and management commentary can be accessed through the Company's shareholder letter on the “Quarterly Rep...