3 Things to Know Before Buying Opendoor Stock in 2024

In 2021 and 2022, the hypergrowth technology bubble popped. Last year, it started to reinflate. Embodying this trend is Opendoor Technologies (OPEN -0.89%), a digital platform for residential real estate. The company, which went public through a special purpose acquisition company (SPAC) in 2020, saw its shares collapse more than 97% from their all-time high in 2021.After starting 2023 trading near just $1 per share, the stock surged 286% last year. A lot of people have bet on Opendoor's comeback, but smart ...