OPEN Stock Soars 171% in a Month: Time to Cash Out or Stay In?

Key Takeaways Opendoor shares jumped a whopping 171% in a month, closing at $6.04, far above the 52-week low of $0.51. The company is diversifying beyond cash offers with agent tools and new products like Cash Plus. OPEN guides a y/y Q3 revenue decline of 43%, with margin pressure from older, lower-margin homes. Shares of Opendoor Technologies Inc. ((OPEN) have skyrocketed 171% in the past month, compared with the industry and the S&P 500’s rallies of 0.8% and 2.5%. On Monday, the stock closed at $6.04, bel ...