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Stock impact report

Could Buying Opendoor Stock Today Set You Up for Life? [Yahoo! Finance]

Opendoor Technologies Inc (OPEN) 
Company Research Source: Yahoo! Finance
If the CEO's plan fails to work out as planned, the company may struggle to survive. 10 stocks we like better than Opendoor Technologies › Risk versus reward. That's the name of the game on Wall Street. It is a significant issue to consider when examining Opendoor Technologies (NASDAQ: OPEN) as an investment today. The stock has risen roughly 240% over the past year, and yet it's down around 80% from its all-time highs in 2021. Is this the sign of an important turnaround for the business, or is the risk still too high for most investors to bother with? The vast majority of Opendoor's price gain this year came after the company announced in September that it had hired a new CEO. Kaz Nejatian was brought in from Shopify at a difficult time for Opendoor. In fact, Opendoor's stock price had declined to the point where it was a penny stock at risk of being delisted Just before the CEO transition, the board of directors was working on a reverse stock split to ensure the company r Show less Read more
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