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Z News22 articles
Opendoor's Inventory Surge Overshadows Cost Gains, Shares Drop
Opendoor stock dropped 8.7% as its $1.85B inventory surge outweighed improved cost per acquisition. Analysts warn on resale speed.
Opendoor Shares Slide 5% as Q2 Report Reveals Soaring Stock Compensation
Opendoor (OPEN) shares dropped 5.1% to $3.91 after Q2 results showed stock-based compensation of $119 million, overshadowing a 59% sequential jump in contribution profit.
Opendoor Stock Steady at $3.85 as Q2 Earnings Focus Shifts to Margins
Opendoor shares ended Monday at $3.85, gaining 0.4% after a sharp weekly drop. Q2 earnings due Aug. 4 will spotlight margin improvements and adjusted EBITDA progress.
Opendoor Stock Plunges 15% as Mortgage Rates Hit 11-Month High
Opendoor shares fell nearly 15% in a week as mortgage rates hit 6.58%, the highest since August 2025, stoking fears of slower home sales and extended inventory.
Opendoor Stock Near $4.50 as Focus Shifts to Margin Trial and Breakeven Goal
Opendoor stock trades around $4.50 as the company aims for breakeven adjusted EBITDA in Q2. A 14% sequential drop in the cost bridge adds pressure ahead of August 4 results.
Opendoor Stock Plunges 10% as Heavy Trading Signals Index-Fueled Volatility
Opendoor (OPEN) reversed Thursday's 10.65% gain with a 10.1% drop on Friday, as 185 million shares changed hands. The volatility follows the company's entry into the Russell 3000.
Opendoor Retreats After Options Expiry Fuels Rally Reversal
Opendoor Technologies (OPEN) dropped 6.6% on Friday after a surge in options trading expired, erasing most of Thursday's 10.7% rally.
Opendoor Stock Soars 11% as Investors Bet on Housing Turnaround
Opendoor shares surged 11% on Thursday, adding $510 million in market value, despite a drop in U.S. existing-home sales and no fresh company news.
Opendoor Stock Holds Near $4.79 in Heavy Volume; Options Signal Mixed Sentiment
Opendoor Technologies (NASDAQ: OPEN) held near $4.79 in heavy trading volume, while options flow remained mixed and analysts' average target sits at $4.82.
Mortgage Rate Dip Fails to Unlock Refinance Market as Spreads Remain Wide
Freddie Mac reports the 30-year fixed mortgage rate at 6.43%, the lowest in seven weeks, but refinance demand remains tepid due to a 194-basis-point spread over the 10-year Treasury.
Opendoor Shares Rally 5% on First Day in Russell 3000 Index
Opendoor (OPEN) jumped 5.26% on its Russell 3000 debut, with volume surging to 78.32 million shares. Short interest remains elevated at 16.08% of float.
Refi Activity Rises as New Home Sales Slump, Inventory Swells
Refinance applications rose 3% last week, but purchase demand weakened as new home sales plunged 7.3% in May, leaving builders with a 10.3-month supply.
Opendoor Stock Jumps on Russell 3000 Index Inclusion
Opendoor Technologies shares rose 8.6% on news of its upcoming inclusion in the Russell 3000 Index, with over 36 million shares traded.
Opendoor Shares Steady as Mortgage Rate Climb Pressures Housing Market
Opendoor shares traded flat near $4.55 as rising mortgage rates and a drop in housing starts offset recent gains. The company reported improved gross margins but a wider net loss in Q1.
Opendoor Shares Gain Ahead of Q1 Report and Interactive Financial Event
Opendoor Technologies shares advanced Wednesday, extending an April rally ahead of its first-quarter report. The company will host a live video 'Financial Open House' for shareholders on May 7 instead of a traditional earnings call.
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 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 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.