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Opendoor has become the first true woman-led meme stock—and that can get complicated
Opendoor was a Fortune 500 member in 2022 and 2023 (and Wheeler was a Fortune 500 CEO), but the company has since fallen off the list of America’s largest businesses. An online home buyer and flipper, its fortunes have reversed post-pandemic and after a 2020 SPAC. It came close to being delisted from the Nasdaq earlier this year.
Opendoor Technologies' recent rally is driven by meme stock dynamics and short interest, not just fundamentals. Click here to ...
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Is Opendoor The Next GameStop? Penny Stock Triples In A Week, Retail Frenzy Takes Hold
Opendoor Technologies (OPEN) shares soared as much as 121% during intraday trading before closing up 42.6% on Monday, as ...
Opendoor Technologies Inc., a purveyor of residential real estate, has sextupled thus far in July with little news to justify ...
A surge in shares of residential real estate platform Opendoor Technologies has been boosted by the portfolio manager of a small Canada-based hedge fund, Eric Jackson.
Opendoor’s cash and equivalents decreased from $671 million at the end of 2024 to $559 million. Total current assets were $3.152 billion, while total current liabilities were $1.053 billion.
Opendoor also faces increased competition, from Zillow Z, Offerpad, Redfin RDFN and others. Even still, iBuying comprises just 0.5% of the $1.6 trillion home-buying market, according to The Real ...
As a result, Opendoor spent $169 million it could have kept in the bank to buy back $279 million worth of bonds. Of that difference, $6 million was eaten up by fees.
Opendoor Technologies Inc. agreed to pay $62 million to the Federal Trade Commission to settle allegations that it misled potential home sellers in its marketing campaigns.
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