SAN FRANCISCO, Jan. 23, 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 fourth quarter and full year 2024 financial results for the period ended December 31, 2024 following the close of the market on Thursday, February 27, 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 ...

Change is In the Air: Mantle Ridge's Four Shareholder Nominees Will Help the Board Usher in a Brighter FutureAll of the Leading Independent Proxy Advisory Firms – ISS, Glass Lewis, and Egan-Jones – Recommend Replacing CEO Seifi Ghasemi and Other Board Members with Mantle Ridge NomineesAir Products' January 23, 2025 Annual Meeting is Fast Approaching: Vote Your Shares As Soon As Possible Online at the Voting Website Listed on Your BLUE Proxy Card or Voting Instruction FormMantle Ridge Urges Shareholders to V ...

Real estate technology company Opendoor Technologies (OPEN 3.77%) stock dropped 32% in December, according to data from S&P Global Market Intelligence. Mortgage rates went back up after receding earlier in the year, and the market became more pessimistic about the real estate industry again.Challenges in real estate mean challenges for OpendoorOpendoor operates a digital real estate platform and iBuying business. Its core business is buying homes and reselling them, a capital-intensive business that's extre ...

Stocks are set to close out 2024 with one of their best performances this century.Through Dec. 16, the S&P 500 is up 27.5%, driven by the artificial intelligence (AI) boom, the resilience of the broader economy, and falling interest rates. No one knows what will happen in 2025, but Wall Street expects the bull market to continue. The average analyst is calling for the broad-market index to gain another 10%, building on strong results over the last two years. However, while the broad market looks pricey now, ...

The iBuying leader is making the best of a weak real estate market.Real estate iBuying leader Opendoor (OPEN -2.04%) is doing as well as anyone can expect in a terrible real estate market, but could things get better in 2025? In this video, Fool.com contributors Matt Frankel and Tyler Crowe discuss what it would take for Opendoor's business to jump to the next level.*Stock prices used were the morning prices of Dec. 12, 2024. The video was published on Dec. 14, 2024. ...

Real estate stocks have been feeling the heat of high interest rates for a few years already, but many of them are on the rebound, including stocks like Home Depot and Lowe's, as well as many real estate investment trusts (REITs).Many factors are influencing this trend. The main one is that the Federal Reserve cut its benchmark interest rate for the first time in four years, and there might be more cuts coming. The election of Donald Trump as president and the imminent arrival of his cabinet picks are other ...

Opendoor Technologies (OPEN -8.97%) climbed 34% in November according to data provided by S&P Global Market Intelligence. It's benefiting from interest rate cuts and enthusiasm about an improved economy with Donald Trump's election as the next president, and its third-quarter results were better than expected.Making it through a crushing housing marketOpendoor's business could completely disrupt traditional residential real estate, but it has some inherent risks. Since it buys and resells homes, it works wi ...

Shares of Opendoor Technologies (OPEN 14.57%) surged today, seemingly in response to President-elect Trump's plans to make hedge fund manager Scott Bessent the next Treasury secretary.Treasury yields fell on the news, which is good for stocks like Opendoor, as Bessent is expected to be a sober steward of the economy, helping to rein in the deficit and keeping the company's financial house in order. Stocks that are sensitive to interest rates, like Opendoor, jumped on the news, and Opendoor shares finished t ...

Opendoor (NASDAQ: OPEN ) — the number one e-commerce platform for residential real estate — is by far the worst-performing stock in my portfolio, down more than 50% YTD. My goal is to help you find the companies of tomorrow.I am a long-term growth investor in search of innovative companies that make the world a better place. My investment strategy revolves around finding what I call "divergent stocks" — disruptive companies that have strong fundamentals and long growth runways, but depressing prices.You can ...

Seamless Integration Gives Forwarders Real-Time Bookings and Dynamic Rates, All Within Their TMSBARCELONA, Spain, Nov. 21, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading vendor-neutral booking and payment platform for international freight, today announced the official launch of its integration with e2open (NYSE: ETWO), a top provider of connected supply chain software. This integration, which follows a successful beta phase, embeds WebCargo by Freightos air cargo eBooking into e2open's Tr ...