Why Opendoor (OPEN) Stock Is Falling Today

What Happened? Shares of technology real estate company Opendoor (NASDAQ:OPEN) fell 3.7% in the afternoon session after the company reported mixed third-quarter results where revenue beat expectations but earnings fell short of Wall Street estimates. The technology real estate company's revenue declined 33.6% year-over-year to $915 million, which was higher than analysts had forecast. However, the company posted a GAAP loss of $0.12 per share, missing the consensus estimate for a loss of $0.07 per share. ...