17-May-2024
OPEN, BCRX and AWIN among pre-market gainers
Seeking Alpha News (Wed, 15-May 9:25 AM ET)
Globe Newswire (Tue, 14-May 9:00 AM ET)
Eric Feder joins Opendoor Board of Directors
Globe Newswire (Thu, 2-May 4:06 PM ET)
Opendoor Announces First Quarter of 2024 Financial Results
Globe Newswire (Thu, 2-May 4:05 PM ET)
Opendoor to Report First Quarter 2024 Financial Results on May 2nd, 2024
Globe Newswire (Thu, 4-Apr 9:00 AM ET)
Opendoor to Present at Morgan Stanley Technology, Media & Telecom Conference
Globe Newswire (Mon, 26-Feb 9:00 AM ET)
Opendoor Technologies Inc is a digital platform for residential real estate. This platform enables customers to buy and sell houses online. It generates revenue through home sales, along with other revenue from real estate services.
Opendoor Technologies trades on the NASDAQ stock market under the symbol OPEN.
As of May 17, 2024, OPEN stock price declined to $2.41 with 9,086,346 million shares trading.
OPEN has a beta of 4.47, meaning it tends to be more sensitive to market movements. OPEN has a correlation of 0.39 to the broad based SPY ETF.
OPEN has a market cap of $1.67 billion. This is considered a Small Cap stock.
Last quarter Opendoor Technologies reported $1 billion in Revenue and -$.12 earnings per share. This beat revenue expectation by $91 million and exceeded earnings estimates by $.04.
In the last 3 years, OPEN stock traded as high as $25.33 and as low as $.92.
The top ETF exchange traded funds that OPEN belongs to (by Net Assets): VNQ, VTI, IWM, AVUV, VB.
OPEN has underperformed the market in the last year with a return of +2.1%, while the SPY ETF gained +29.1%. In the last 3 month period, OPEN fell short of the market, returning -19.7%, while SPY returned +6.3%. However, in the most recent 2 weeks OPEN has outperformed the stock market by returning +9.0%, while SPY returned +3.6%.
OPEN support price is $2.29 and resistance is $2.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OPEN stock will trade within this expected range on the day.