News
OPEN
2.230
+2.77%
0.060
Weekly Report: what happened at OPEN last week (0415-0419)?
Weekly Report · 1d ago
Real estate stocks continue on downward trajectory as market's April pullback intensifies
Real estate stocks continue on downward trajectory as market's April pullback intensifies. U.S. Existing home sales slid 4.3% in March. Economic activity expanded slightly, the Federal Reserve said in its April Beige Book report. Investors dial back interest rate cut expectations for real estate.
Seeking Alpha · 3d ago
Real Estate Stocks Fall As Mortgage Rates Rise To 4-Month Highs: 'Inflation Is Proving Tougher To Bring Down'
Real estate stocks slid at Wednesday's market open. The Real Estate Select Sector SPDR Fund dropped by 0.3% and is on course for its lowest close since November 2023. Data revealed a 14.7% month-over-month decline in housing starts and a spike in mortgage rates. The average interest rate for 30-year fixed-rate mortgages rose to the highest level since December.
Benzinga · 6d ago
Top 3 Real Estate Stocks That Could Lead To Your Biggest Gains This Quarter
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength to its price action. American Tower Corporation is one of the major companies with an RSI near or below 30.
Benzinga · 04/16 11:46
Short interest on S&P 500 real estate stocks advance in March
Short interest on the S&P 500 real estate stocks advanced in March to 2.07% from 1.95% a month ago. Hotel REITs and Real Estate Management & Development logged the highest increase in short interest. The Real Estate Select Sector SPDR Fund ETF is down 7.89% year-to-date.
Seeking Alpha · 04/15 15:39
Weekly Report: what happened at OPEN last week (0408-0412)?
Weekly Report · 04/15 09:18
Real estate stocks continue to dip as earnings season kicks off
Real estate stocks continue to dip as earnings season kicks off. The broader S&P 500 put in its worst weekly performance since late October last year. The Real Estate Select Sector SPDR Fund ETF closed 2.97% lower this week. Inflation data marred sentiments as the Q1 earnings season kicked off on a mixed note.
Seeking Alpha · 04/13 16:00
Opendoor Technologies Price Target Maintained With a $4.50/Share by JMP Securities
Dow Jones · 04/12 12:58
JMP Securities Reiterates Market Outperform on Opendoor Technologies, Maintains $4.5 Price Target
Benzinga · 04/12 12:48
These 2 Stocks Are Down 50% or More -- and Are Worth a Closer Look Right Now
These two stocks are starting to look like compelling investment opportunities. Opendoor and Helen of Troy are two companies that could be a bargain in the future. The Fool's Matt Frankel and Tyler Crowe are looking at the two stocks in a new video. The two companies are both based in the UK.
The Motley Fool · 04/12 10:41
Insider Sellers Might Regret Selling Opendoor Technologies Shares at a Lower Price Than Current Market Value
Opendoor Technologies Inc. Insiders sold US$545k worth of stock over the past year. The average selling price of US$3.45 is lower than the current share price. The biggest insider sale was by the President of Sell Direct & Services, Megan Toolson, for US$213k. Opendoor technologies insiders own 5.8% of the company. The company's share price has fallen 15% in the last week.
Simply Wall St · 04/11 11:20
Why Real Estate Stocks Were Hurting Today
Stocks in the real estate sector took a beating on Wednesday. Inflation rose by 3.5% year over year in March. Concerns that the Federal Reserve will cut interest rates are overblown. The U.S. Economy is still strong, and demand for real estate remains strong.
The Motley Fool · 04/10 21:56
Why Ascent Solar Technologies Shares Are Trading Lower By Around 50%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Shares of Ascent Solar Technologies, Inc. (NASDAQ:ASTI) fell sharply during Wednesday's mid-day session. The company announced pricing of a $6 million public offering of shares at $0.14 per share. Marin Software Incorporated shares jumped 152% after the company announced upgrades to its integration with Microsoft Advertising.
Benzinga · 04/10 18:07
Real Estate, Regional Bank Stocks Tank, Energy Cushions The Blow: March Inflation Rates Shake Up Sectors
Annual Consumer Price Index inflation rate surges to 3.5% in March 2024, surpassing expectations for 3.4%. Core inflation, which excludes energy and food, also exceeded expectations. Investors revise down their expectations for imminent Fed rate cuts. Regional banks and solar stocks fell the most. No sectors managed to escape daily losses.
Benzinga · 04/10 17:11
Opendoor Technologies, Global Net Lease, Anywhere Real Estate in real estate losers
Opendoor Technologies, Global Net Lease, Anywhere Real Estate in real estate losers on inflation data. S&P 500 Real Estate Sector -4.1% to 235.87. Opendoor Tech, Peakstone Realty Trust and Wetouch Technology are among the biggest losers.
Seeking Alpha · 04/10 16:00
Property stocks drop as hot inflation data weigh on rate-cut bets
Real estate and mortgage-linked stocks drop as hot inflation data weigh on rate-cut bets. Hot inflation data spurred markets to price in delayed interest-rate cuts by the Federal Reserve. The March CPI report showed continued strength in rents. Homebuilders were among the biggest losers in Wednesday's late morning trading.
Seeking Alpha · 04/10 15:36
Weekly Report: what happened at OPEN last week (0401-0405)?
Weekly Report · 04/08 09:20
Should Investors Buy This Potential Multibagger Stock Before the Train Leaves the Station?
Opendoor Technologies (OPEN -2.17%) is a company seeking to reinvent the housing market. The company uses technology to buy and resell homes directly with customers. Opendoor has a market cap of $2 billion and a huge potential to grow. However, investors should be wary of the company's risks.
The Motley Fool · 04/07 07:24
Housing affordability would’ve waned even without Fed tightening, study shows
Study: Housing affordability would have worsened even without Fed rate hikes in 2022 and 2023. The Federal Reserve Bank of Dallas says house prices would have risen more if interest rates weren't hiked. The housing affordability index has dropped nearly 30% since March 2022. The average homeowner has been largely unaffected by current mortgage rates.
Seeking Alpha · 04/06 20:17
Looking Into Opendoor Technologies's Recent Short Interest
Opendoor Technologies's short percent of float has risen 5.1% since its last report. The company has 77.12 million shares sold short, which is 13.82% of all regular shares available for trading. Short interest is the number of shares that have been sold short but have not yet been covered.
Benzinga · 04/05 17:15
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About OPEN
Opendoor Technologies Inc. provides a digital platform for residential real estate transactions. By leveraging software, data science, product design and operations, the Company is building a technology platform for residential real estate that offers buyers and sellers a digital, on-demand experience. Its products include Sell to Opendoor, List with Opendoor and Opendoor Marketplace. Sell to Opendoor enables sellers to utilize its core product offering to sell their home directly to it, and it resells the home to a home buyer. By selling to Opendoor, homeowners can avoid the stress of open houses, home repair coordination, overlapping mortgages, and the uncertainty that can come with listing a home on the open market. Its capital-light marketplace offering connects home sellers with both institutional and retail buyers, facilitating transactions without Opendoor taking ownership of the home. Its listing product is available in 17 Opendoor markets.