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Why Opendoor Technologies Stock Is Soaring Today


Shares of Opendoor Technologies (NASDAQ: OPEN) were soaring today after the online home flipper posted better-than-expected results in its first-quarter earnings report.

The stock had fallen sharply in recent months, but the latest round of results gave investors some hope that the company can build a viable business over the long term, especially in the face of a weak housing market.

Image source: Getty Images.

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Source Fool.com

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