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0.0026268656716419 0.00297014925373145 0.000373134328358267 -0.00298507462686561 -0.0014925373134328 -0.0149402985074626 -0.0164179104477611 -0.00671641791044775
Stock impact report

Why Opendoor (OPEN) Shares Are Sliding Today [Yahoo! Finance]

Opendoor Technologies Inc (OPEN) 
Company Research Source: Yahoo! Finance
consensus 'Sell' rating among analysts and a significant insider share sale came to light. According to reports, analysts highlighted several challenges for the company, including increased operational costs, lower profit margins, and significant recent losses. The analysis also pointed to broader economic factors, such as rising interest rates and reduced consumer demand for housing, as creating an unfavorable environment for growth. Compounding the concerns, a company insider sold shares valued at $583,961, according to a regulatory filing. This news followed a period of poor performance, as the stock had already fallen in the three previous sessions. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Opendoor? Access our full analysis report here What Is The Market Telling Us Opendoor's shares are extremely volatile and have had 102 moves greater than 5% over the last year. But moves this Show less Read more
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