Why Opendoor Stock Plummeted by Almost 8% on Monday

The struggling real estate tech specialist is considering a reverse stock split. Investors eagerly shut the door on real estate transaction platform developer Opendoor Technologies (OPEN -7.87%) on Monday. They didn't take kindly to news of an important vote on the company's future, and sent the share price down by almost 8% on the day. Meanwhile, the S&P 500 (^GSPC 0.02%) flatlined across the session, indicating that many other stocks would have been better pickups. Decision delayed In its words, "an appro ...