Why Opendoor Technologies Plunged Today

Shares of Opendoor Technologies (NASDAQ: OPEN) plunged 7.4% on Thursday, as of 1:11 p.m. ET.The drop was all the more noticeable since the broader market indexes were up strongly today, with the Nasdaq Composite up 2.3% at that time. While the broader markets were rallying on continued hopes for a de-escalation of the Trump administration's tariff war, the housing sector got some bad news today regarding March housing activity.Continue reading

Apr 24, 2025 - 19:42
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Why Opendoor Technologies Plunged Today

Shares of Opendoor Technologies (NASDAQ: OPEN) plunged 7.4% on Thursday, as of 1:11 p.m. ET.

The drop was all the more noticeable since the broader market indexes were up strongly today, with the Nasdaq Composite up 2.3% at that time.

While the broader markets were rallying on continued hopes for a de-escalation of the Trump administration's tariff war, the housing sector got some bad news today regarding March housing activity.

Continue reading