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0.000402745110674276 -0.00531623546090156 -0.00689499629474508 -0.010052517962432 0.00847375712858845 0.000547733350517136 -0.0140799690691756 -0.0140799690691756
Stock impact report

How Buying Opendoor Stock Today Could 10x Your Net Worth [Yahoo! Finance]

Opendoor Technologies Inc (OPEN) 
Company Research Source: Yahoo! Finance
Its stock could soar as mortgage rates decline and the housing market heats up. 10 stocks we like better than Opendoor Technologies › Opendoor 's (NASDAQ: OPEN) stock hit an all-time low of $0.51 per share last May. Stubbornly high mortgage rates were throttling the online real estate company's growth, and its stock was in danger of being delisted from the Nasdaq as it stayed below the $1 threshold. However, Opendoor's stock now trades at nearly $7 per share. That rally would have turned a $1,000 investment at its all-time low into more than $13,000 in just seven and a half months. Let's see why the bulls rushed back, and why it could soar another tenfold over the next decade. Opendoor is the largest instant buyer (iBuyer) of homes in America. It makes instant cash offers for homes, fixes them up, and relists them on its own marketplace. That capital-intensive business model works well when interest rates are low and the housing market is hot. Still, it becomes difficult to s Show less Read more
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