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Stock impact report

Here's Why Opendoor Technologies Inc. (OPEN) Fell More Than Broader Market [Yahoo! Finance]

Opendoor Technologies Inc (OPEN) 
Company Research Source: Yahoo! Finance
This change lagged the S&P 500's daily loss of 0.31%. Elsewhere, the Dow lost 0.41%, while the tech-heavy Nasdaq lost 0.27%. Coming into today, shares of the company had gained 3.83% in the past month. In that same time, the Business Services sector gained 1.81%, while the S&P 500 gained 3.05%. Market participants will be closely following the financial results of Opendoor Technologies Inc. in its upcoming release. It is anticipated that the company will report an EPS of -$0.17, marking a 73.44% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $1.08 billion, indicating a 65.31% decline compared to the corresponding quarter of the prior year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.59 per share and a revenue of $6.06 billion, representing changes of +50.42% and -12.73%, respectively, from the prior year. Investors might also notice recent changes t Show less Read more
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