About Opendoor Technologies Inc - Common Stock (OPEN)
Opendoor Technologies Inc is a real estate technology company that simplifies the process of buying and selling homes. By leveraging advanced algorithms and data analytics, Opendoor allows homeowners to receive instant offers for their properties, facilitating a quick and hassle-free selling experience. The company also provides a platform for homebuyers to easily explore and purchase homes, offering services that streamline transactions, financing, and renovations. By integrating technology into the real estate market, Opendoor aims to make the process more accessible and efficient for both sellers and buyers. Read More
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Shares of technology real estate company Opendoor (NASDAQ:OPEN)
fell 23.5% in the afternoon session as the stock plunged after a recent, massive surge driven by social media hype and retail investor enthusiasm, a phenomenon often referred to as a "meme stock" rally.
