Opendoor Stock: Bull vs. Bear
Like many of its real estate tech peers, Opendoor Technologies (NASDAQ: OPEN) shares have fallen sharply over the last year few years as mortgage rates have soared, putting the brakes on the housing market.
Unsurprisingly, Opendoor, whose main business is flipping homes, has suffered, posting wide losses and declining revenue as home values have fallen.
With the stock down 92% from the all-time high it logged in 2021, is this a buying opportunity or a red flag? To answer that question, we asked a bull and a bear to make their cases for the stock. Here's what they had to say.
Source Fool.com
