Opendoor Technologies stock trades near 52-week low, down 26% over past year
Despite new management and improving metrics in its Q2 report, including a 23% quarter-over-quarter revenue increase and reduced acquisition costs, Opendoor Technologies (NASDAQ: OPEN) stock has fallen 26% over the past year and is trading near its 52-week low at $3.22 per share. The market remains concerned about its year-over-year performance, with adjusted net loss increasing from $9 million to $30 million.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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