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Opendoor Stock Plunges 21% In Friday Pre-Market: What's Going On? - Opendoor Technologies (NASDAQ:OPEN)
Benzinga· 2025-11-07 11:14
Shares of Opendoor Technologies Inc. (NASDAQ:OPEN) plunged 20.56% during the pre-market trading session on Friday after the company reported third-quarter results.‘Refounding’ The CompanyThe company reported a revenue of $915 million for the third quarter, surpassing the estimated $849.59 million. However, it recorded a loss of eight cents per share, missing the anticipated loss of seven cents per share.Opendoor bought 1,169 homes during the quarter, a steep drop from 3,504 in the same period last year. It ...