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Stock impact report

Offerpad (OPAD) Falls 8% on Profit-Taking [Yahoo! Finance]

Offerpad Solutions Inc. Class A (OPAD) 
Company Research Source: Yahoo! Finance
Offerpad Solutions fell by 8.19 percent on Thursday to finish at $4.26 apiece as investors resorted to profit-taking following the previous day's 12-percent jump. The recent rally followed the Federal Reserve's 25-basis point rate cut—the first time ever this year—which raised rosy prospects for the highly rate-sensitive residential market. Offerpad (OPAD) Falls 8% on Profit-Taking Last week, Offerpad Solutions Inc. (NYSE:OPAD) CEO Brian Baer said in a technology conference that the company typically sees a trend of more people showing up to look at homes immediately after rates drop. “There's definitely people that are wanting or needing to move, but they're just trying to figure out the right time,” he noted. In other news, Offerpad Solutions Inc. (NYSE:OPAD) earlier this month announced strategic enhancements to its HomePro program, designed to simplify real estate transactions and empower agents to deliver tailored, high-value solutions to sellers. Under the updated H Show less Read more
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