Should You Buy Opendoor Technologies Stock Before Nov. 6?

20.10.25 10:12 Uhr

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13,74 EUR -0,27 EUR -1,89%

6,24 EUR 0,44 EUR 7,62%

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Opendoor Technologies (NASDAQ: OPEN) runs one of the biggest real estate direct buying operations in the U.S., which involves purchasing homes from willing sellers and attempting to flip them for a profit. This business model works great when the housing market is strong, but elevated interest rates have made the last few years extremely difficult for the company.Nevertheless, retail investors have used social media platforms like X (formerly Twitter) and Reddit to successfully promote stocks like GameStop and AMC in the past, and Opendoor is their latest target. The stock has surged by an eye-popping 1,300% from its 52-week low of $0.51 in June, and now trades at over $7.On Nov. 6, Opendoor will release its operating results for the third quarter of 2025 (ended Sept. 30), which could influence the direction of its stock. Should investors take a position ahead of the report?Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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