Why Opendoor Stock Plunged 25% in April

Shares of Opendoor Technologies (OPEN -1.85%) stock dropped 25% in April, according to data provided by S&P Global Market Intelligence. The latest monthly housing data was negative, and it doesn't look like Opendoor's troubles will end anytime soon.A depressing real estate outlookOpendoor's troubles began when interest rates were raised and the housing market started to decline. It's been several years now, and Opendoor continues to experience challenging conditions. Although there has been some progress in ...