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Why Opendoor Technologies Stock Swooned in June


Next-generation real estate company Opendoor Technologies (NASDAQ: OPEN) wasn't exactly looking like the wave of the future in the first summer month of this year.

June saw the company's stock lose more than 18% of its value, which wasn't all that surprising given a piece of financial engineering it announced toward the start of the month. An analyst's recommendation downgrade also dampened investor sentiment.

Image source: Getty Images.

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Source Fool.com

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