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

1.76

Mkt cap

1.2B

Volume

32M

High

1.77

P/E Ratio

-3.07

52-wk high

4.89

Low

1.65

Div yield

N/A

52-wk low

1.58

The article lists the stocks that gained and lost the most in Wednesday's mid-day session. Among the gainers, Minerva Neurosciences surged 46.2% after announcing a $20 million private placement. Kaleyra jumped 38.3% after Tata Communications announced plans to acquire the company. Among the losers, American Rebel Holdings fell 31.4% after announcing a 1-for-25 reverse stock split. AST SpaceMobile shares fell 29.3% after the company announced pricing of an upsized offering of Class A common stock.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 5:04 pm

Shares of internet-based real estate companies are trading higher due to a continued increase in mortgage applications. Companies mentioned include OPAD, OPEN, RDFN, Z, and ZG.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 4:41 pm

Despite a general drop in U.S. stocks, several companies recorded gains. Minerva Neurosciences climbed 46.2% after announcing a $20 million private placement. Joby Aviation rose 26.4% following a permit for flight testing of its first production prototype. Xponential Fitness, Archer Aviation, Opendoor Technologies, Viad Corp, Beazer Homes USA, Carvana, Overstock.com, Viking Therapeutics, Energy Vault Holdings, Snowflake, Global Blue Group Holding, Squarespace, and Pinterest also saw increases. Notably, Overstock.com's acquisition of Bed Bath & Beyond's brand name, intellectual property, and e-commerce platform was approved by a U.S. bankruptcy judge.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 2:19 pm

The article lists five real estate stocks that are considered overbought and may collapse in Q2. These include Opendoor Technologies Inc. (OPEN), SL Green Realty Corp. (SLG), Redfin Corporation (RDFN), eXp World Holdings, Inc. (EXPI), and Industrial Logistics Properties Trust (ILPT). The companies' stocks are considered overbought due to their high Relative Strength Index (RSI) values, which are all above 70.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 12:26 pm

Motorcar Parts of America shares rose 13.5% after reporting Q4 profit. Other stocks with significant gains include First Wave BioPharma, IperionX, Ideanomics, and Cepton. Losers include Auddia, Advanced Health Intelligence, Bonso Electronics, and Jin Medical International.

Portfolio Pulse from Lisa Levin

June 13, 2023 | 4:47 pm

Insiders at Microsoft, Pinterest, Opendoor Technologies, and Genpact have recently sold shares, signaling potential concerns about the companies' prospects or stock valuations. This comes as the S&P 500 closed lower on Monday.

Portfolio Pulse from Lisa Levin

June 06, 2023 | 12:59 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.