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Opendoor Slid Over 17% in Morning Trading though It Topped Revenue Estimates

Tiger Newspress2022-02-25

Opendoor slid over 17% in morning trading though it topped revenue estimates.Opendoor Technologies Inc. (OPEN) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.23 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 18.75%. A quarter ago, it was expected that this company would post a loss of $0.18 per share when it actually produced a loss of $0.02, delivering a surprise of 88.89%.

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Comment45

  • Tiongwee
    ·2022-02-28
    Like
    Reply
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  • iceage
    ·2022-02-28
    Woww
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  • Success88
    ·2022-02-28
    Ok
    Reply
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  • koolgal
    ·2022-02-28
    Such is the volatility in the markets that even though Opendoor did well this quarter, the share prices still dropped. Hopefully things will improve soon. 
    Reply
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  • Annalz
    ·2022-02-28
    Open door is the trend no one can change
    Reply
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  • InvisibleP
    ·2022-02-27
    What are the reasons for the slide? 
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  • LeviSoon
    ·2022-02-27
    Wow
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  • YJ Lee
    ·2022-02-27
    Ok
    Reply
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  • YJ Lee
    ·2022-02-27
    Ok
    Reply
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  • Jasonngui
    ·2022-02-27
    Great 
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  • Myname
    ·2022-02-27
    Ok
    Reply
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  • 谦谦陈
    ·2022-02-27
    Ok
    Reply
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  • MP88
    ·2022-02-27
    Oh
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  • Lulup
    ·2022-02-26
    read
    Reply
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  • DrSam
    ·2022-02-26
    Open door to a slide ...
    Reply
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  • Gagnant10
    ·2022-02-26
    Chey
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  • SC2021
    ·2022-02-26
    Open door 
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  • KLS
    ·2022-02-26
    Buy
    Reply
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  • sh99
    ·2022-02-26
    lol
    Reply
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  • Ahwei6868
    ·2022-02-26
    Ok
    Reply
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