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Opendoor (NASDAQ: OPEN) reported third-quarter earnings that exceeded its own optimistic expectations, but the stock isn't higher in the weeks ahead. In fact, unlike most of the market, Opendoor ...
Even as the sector headwinds have been substantial, Opendoor is improving its business. Its gross margin reached 8.5% in the second quarter (ended June 30), which was up from 7.5% in Q2 2023.
The real estate tech leader is taking steps to get back on track.
Consumer Reports is a United States-based non-profit organization which conducts product testing and product research to collect information to share with consumers so that they can make more informed purchase decisions in any marketplace.
Opendoor sticks with its capital-intensive business model Opendoor's "iBuying" business of flipping houses is a capital-intensive one which can challenging even when interest rates are low.
Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco , it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and relists them for sale. [ 2 ]
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