Should You Buy Opendoor Technologies (OPEN) Stock Before Aug. 5? Here's What History Says.

Opendoor Technologies (NASDAQ: OPEN) stock has taken investors on a wild ride recently, and it has a big test coming up on the near horizon. The company will report its second-quarter report after the market closes on Aug. 5, and results in the period could spur a huge valuation swing for the real estate services specialist. Opendoor's share price has recently surged thanks to the company becoming a new favorite among meme-stock traders, and it's still up more than 280% over the last month despite pulling back a bit from its recent high. With the company's Q2 report on deck, investors may be wondering whether buying into the stock ahead of earnings is a good move. Take a look at the chart below for a snapshot of the stock's historical performance following its quarterly reports.Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool