Workflow
Opendoor Technologies Stock: Buy, Sell, or Hold?
OPENOpendoor(OPEN) The Motley Fool·2024-08-14 09:00

The real estate tech leader is taking steps to get back on track. Opendoor Technologies (OPEN 10.00%) is recognized as an iBuying pioneer, making instant cash offers for homeowners to seamlessly navigate the real estate selling process. Unfortunately, the company has not yet been able to translate the significant potential of this transaction model into a successful business. The stock is down a catastrophic 95% from its pandemic-era peak amid recurring losses and prolonged housing market weakness. Still, t ...