Opendoor Is Now Down 64% This Year: Is OPEN Stock a Falling Knife or Poised for a Comeback?
Opendoor shares rose 2% in afternoon trading to $2.09, but remained down 64% year to date. The excerpt notes that iBuying has been among the hardest-hit areas of the housing market this year.
Why it matters — The steep year-to-date decline and the day’s modest gain provide context for OPEN watchers assessing recent share performance.