Why Opendoor Stock Was Moving Higher Today
Shares of Opendoor Technologies (NASDAQ: OPEN) were gaining today after the home-flipping specialist posted third-quarter results last night that show the company continuing to adapt to a slower housing market.
The stock also seems to be getting a boost from macrolevel data that is convincing the market that the Fed is done raising interest rates as today's jobs report showed weak employment growth in October.
As of 12:06 p.m. ET, the stock was up 4.5% after gaining as much as 19.5% earlier in the session.
Source Fool.com
