Streetbeat News

OPEN

Opendoor Technologies Inc.

https://www.opendoor.com

Industry

Real Estate - Services

Opendoor Technologies Inc. operates a digital platform for residential real estate in the United States. The company's platform enables consumers to buy and sell a home online. It also provides title insurance and escrow services. Opendoor Technologies Inc. was incorporated in 2013 and is based in Tempe, Arizona.

Open

1.93

Mkt cap

1.3B

Volume

58M

High

2.02

P/E Ratio

-3.14

52-wk high

4.89

Low

1.73

Div yield

N/A

52-wk low

1.58

Opendoor Technologies has appointed Selim Freiha as its new CFO and Shrisha Radhakrishna as the Chief Technology & Product Officer. These leadership changes could influence the company's strategic direction and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 8:06 pm

Opendoor Technologies (NYSE:OPEN) has seen a 3.52% decrease in its short percent of float, now at 14.79%. This is higher than its peers' average of 5.07%. The decrease in short interest may indicate a shift in market sentiment.

Portfolio Pulse from Benzinga Insights

August 29, 2024 | 1:45 pm

Zoom Video Communications, Inc. (ZM) reported strong Q2 results, with earnings and revenue surpassing expectations, leading to a 12.2% stock price increase. Peloton Interactive, Inc. (PTON) also saw a significant rise of 27% after better-than-expected results. Other companies like Opera Limited (OPRA) and EHang Holdings Limited (EH) reported positive financial outcomes, contributing to their stock price gains.

Portfolio Pulse from Avi Kapoor

August 22, 2024 | 3:17 pm

Mortgage rates have fallen to their lowest levels in over a year due to expectations of Federal Reserve rate cuts, boosting homebuyer demand and refinancing activity. This has led to a surge in mortgage applications and a significant rise in shares of real estate companies and ETFs.

Portfolio Pulse from Piero Cingari

August 07, 2024 | 1:11 pm

Deutsche Bank analyst Benjamin Black maintains a Hold rating on Opendoor Technologies (NASDAQ:OPEN) but lowers the price target from $2.4 to $1.85.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 2:36 pm

Opendoor Technologies (NYSE:OPEN) has seen a 5.94% increase in its short percent of float, now at 15.33%. This indicates a bearish sentiment among investors. The company's short interest is higher than its peers, which average 5.39%. It would take traders 5.22 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 6:15 pm

JMP Securities analyst Nicholas Jones maintains a Market Outperform rating on Opendoor Technologies (NASDAQ:OPEN) but lowers the price target from $4 to $3.25.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:22 pm

DoorDash shares surged 10% in pre-market trading after reporting better-than-expected Q2 revenue. Other notable pre-market movers include VSee Health (+123.4%), Akanda Corp (+34.5%), and Intel (-21.9%).

Portfolio Pulse from Avi Kapoor

August 02, 2024 | 12:15 pm

Opendoor Technologies shares are trading lower after the company reported Q2 financial results and issued Q3 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 11:44 am

Intel, Amazon, Opendoor Technologies, and other major stocks experienced significant declines in pre-market trading following weak financial results and guidance. Intel's earnings and sales missed estimates, leading to a 21.5% drop in its share price.

Portfolio Pulse from Avi Kapoor

August 02, 2024 | 10:01 am

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