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Opendoor (OPEN -1.70%) was one of the most prominent companies to go public in the 2020-2021 SPAC boom, but the business couldn't live up to the hype once interest rates started rising. In this video, longtime Fool.com contributors Matt Frankel and Tyler Crowe take a closer look at Opendoor's latest results and what could be in store for 2025.
Shares of the online housing brokerage Opendoor Technologies (OPEN -4.91%) plunged 23% this week, according to data compiled by S&P Global Market Intelligence, after the latest data showed that housing sales slowed to their lowest pace since 2009.
Shares of Opendoor Technologies (OPEN -5.60%) plunged 7.4% on Thursday, as of 1:11 p.m. ET.
Opendoor (OPEN 3.98%) is looking to "reinvent life's most important transaction." To Opendoor that transaction is buying and/or selling a home, which is most certainly a very large and important event in most people's lives.
SAN FRANCISCO, April 08, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it will report first quarter 2025 financial results for the period ended March 31, 2025 following the close of the market on Tuesday, May 6, 2025. On that day, management will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's business and financial results.
Opendoor (OPEN 3.75%), the largest instant buyer of homes in the U.S., went public by merging with a special purpose acquisition company (SPAC) on Dec. 21, 2020. The combined company's stock opened at $31.47 per share on that first day, and it eventually hit an all-time high of $39.24 on Feb. 11, 2021.
As a real estate company, Opendoor (OPEN 0.20%) approaches the market from a unique direction as the buyer and seller of thousands of homes each year. Even as other companies like Zillow have exited this business model, Opendoor still operates in 50 markets today, and it has thousands of homes in its inventory.
Saying it's been rough for Opendoor Technologies (OPEN -2.99%) over the past two years is an understatement. The real estate technology company, once a market darling, has been crushed under the weight of higher interest rates.
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Open Lending Corporation (“Open Lending” or the “Company”) (NASDAQ:LPRO) on behalf of Open Lending stockholders. Our investigation concerns whether Open Lending has violated the federal securities laws and/or engaged in other unlawful business practices.
Guests on every sailing can take part in the cruise line's one-of-a-kind conservation project, Rewilding Galapagos, which is celebrating 10 years. MIAMI , March 12, 2025 /PRNewswire/ -- Celebrity Cruises' award-winning Galapagos expeditions on Celebrity Flora are now available for booking in 2027.