Why Opendoor Stock Rocketed 34% Higher in November
Opendoor(OPEN) The Motley Fool·2024-12-03 12:10Opendoor 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 ...