The Latest Breaking News from Opendoor Technologies Inc

This year’s surge in borrowing costs has hampered the U.S. real estate market. Moreover, as the Fed indicates more rate hikes ahead, fundamentally weak real-estate stocks WeWork (WE), Opendoor Technologies (OPEN), and Redfin (RDFN) might be best sold off. Read more.

Amid major macroeconomic headwinds, consumer confidence declined to its lowest since July. In addition, the bear market rally is likely to continue into next year. Hence, fundamentally weak stocks SoFi Technologies (SOFI), Ginkgo Bioworks (DNA), Opendoor Technologies (OPEN), and Camber Energy (CEI), which have been slumping in price, might be…

Amid high prices and aggressive rate hikes, consumer confidence has declined for November. Moreover, several banks expect volatile economic conditions for 2023. Also, a recession hitting the U.S. economy seems likely in the coming year. Therefore, investors might avoid fundamentally weak stocks Carvana (CVNA), Opendoor Technologies (OPEN), and Skillz (SKLZ).…

Despite rising home prices and the Fed’s aggressive pace of interest rate hikes, long-term growth prospects for the real estate industry seems promising amid rapid digitization and technological advancements in this sector. Therefore, while investors could add Guild Holdings (GHLD) to their portfolios, Opendoor (OPEN) might be best avoided now,…

Mortgage rates continue to soar amid consecutive federal rate hikes, while consumer confidence in the housing sector has vastly declined. Amid declining homebuyer demand, fundamentally weak real estate services stocks Opendoor Technologies (OPEN) and Fathom Holdings (FTHM) could be best avoided. Keep reading….

Amid the Fed’s consecutive rate hikes, mortgage rates have hit record highs. This has led to adverse housing and real estate situations, with sales witnessing a freefall for months. Given the unfavorable environment, fundamentally weak real estate stocks WeWork (WE) and Opendoor Technologies (OPEN) could face more trouble and might…

Shares of real estate services company Opendoor Technologies (OPEN) are trading nearly 89% below its 52-week high. With the real estate industry witnessing severe headwinds currently, we think the stock could slide even further. Read on to learn more….

In its efforts to tame the persistently high inflation, the Fed has been aggressively hiking interest rates. However, the rising interest rates have dampened housing demand. With the Fed reiterating its hawkish stance, the housing market is expected to remain under pressure. Given this backdrop, it could be wise to…

Opendoor Technologies (OPEN) is working on expanding its business prospects. However, the real estate services stock remains entangled in lawsuits. Moreover, given the company’s bleak fundamentals, OPEN might have run its course. Let’s find out in detail….

Shares of online real estate services company Opendoor Technologies (OPEN) have plummeted more than 75% in price year-to-date with the cooling down of the housing market amid rising interest rates. Furthermore, the company is expected to incur huge losses in the upcoming years. Hence, with the Fed signaling aggressive rate…

As the Fed's aggressive monetary policy stance to contain the soaring inflation is projected to keep the stock market under pressure in the coming months, we think fundamentally-weak stocks Uber Technologies (UBER), Lucid Group (LCID), and Opendoor Technologies (OPEN) are best avoided now. Read on….