OPEN
NASDAQ · Real Estate
Opendoor Technologies Inc
$5.18
-0.03 (-0.58%)
OPEN News11 articles
Opendoor Stock Dips as Rising Mortgage Rates Pressure Spring Housing Outlook
Opendoor Technologies stock declined roughly 2% as mortgage rates climbed to their highest level since December, clouding the spring homebuying season. The company forecasts a sequential revenue drop and ongoing EBITDA losses.
Opendoor Stock Surges 6% Despite Bleak Housing Data and Quarterly Loss
Opendoor Technologies shares climbed almost 6% on Monday, outperforming housing peers amid a market rally, even as the company reported a massive quarterly loss and the housing sector remained sluggish.
Opendoor Shares Slide Amid Rising Mortgage Rates, Housing Slowdown
Opendoor Technologies shares declined 2.6% after U.S. 30-year mortgage rates climbed to 6.22%, the highest since December. The company warned first-quarter revenue could drop roughly 10% sequentially.
Opendoor Shares Slide Amid Fed's Hawkish Stance, Housing Market Strain
Opendoor Technologies shares dropped 5.0% to $5.28 after the Federal Reserve maintained interest rates, exacerbating pressure on its home-flipping model. Broader market declines and persistent high borrowing costs contributed to the selloff.
Opendoor Shares Recover Amid Housing Market Crosscurrents
Opendoor Technologies shares gained 2.4% Friday, recovering from prior losses amid rising mortgage rates and declining housing starts. The company posted a $1.096 billion Q4 loss but increased home purchases.
Opendoor Shares Slide Amid Housing Data, Fed Outlook
Opendoor Technologies shares declined roughly 6% in Thursday trading, pressured by disappointing U.S. housing data and shifting expectations for Federal Reserve interest rate cuts. The online home-flipping company reported a substantial net loss for 2025.
Opendoor Gains on Housing Data, Mortgage Beta Draws Investor Scrutiny
Opendoor Technologies shares advanced as its weekly home acquisition contracts rose 12%. The company's new 4.99% 30-year mortgage offer, currently in beta testing, is drawing investor attention amid broader housing market resilience.
Opendoor's Aggressive 4.99% Mortgage Beta Tests Profitability Path
Opendoor Technologies introduced a beta mortgage product with a 4.99% rate to stimulate transactions, as the iBuyer works to achieve profitability by late 2026 following significant annual losses.
Opendoor Shares Extend Decline as 4.99% Mortgage Beta Stirs Margin Concerns
Opendoor Technologies shares extended losses in Tuesday's premarket session, sliding roughly 5% after a sharp decline Monday. The move follows CEO Kaz Nejatian's announcement of a beta program offering 4.99% 30-year fixed mortgages to Opendoor homebuyers.
Opendoor Surges 17% Premarket Despite Q4 Loss, Eyes Housing Data
Opendoor Technologies shares surged 17% in premarket trading Friday following its fourth-quarter earnings report, which revealed a significant net loss but a sharp quarterly increase in homes purchased. The company anticipates a sequential revenue decline for Q1.
UBS Raises Opendoor Target Ahead of Earnings; Shares Rebound After Slide
Opendoor shares edged higher in premarket trading, recovering slightly from a 5% drop, after UBS increased its price target ahead of the company's upcoming quarterly results.