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NASDAQ: OPEN
Opendoor Technologies (OPEN) stock, explained like you're 5
Opendoor Technologies trades on the Nasdaq under the ticker OPEN. It is a mid cap company in the real estate industry, part of the real estate sector, with a market value of about 2.2 billion dollars.
- Ticker
- OPEN
- Exchange
- Nasdaq
- Sector
- Real Estate
- Industry
- Real Estate
- Size
- Mid cap, about 2.2 billion dollars
Is Opendoor Technologies a small, medium or large cap company?
No. Opendoor Technologies is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 2.2 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Opendoor Technologies makes money
- Collecting rent from buildings, towers, warehouses or homes.
- Owning and managing property.
- Fees for services tied to real estate.
What moves OPEN stock
- Interest rates, which affect borrowing costs and property values.
- Occupancy and how much rent can be charged.
- Demand for the type of property they own.
In the news lately
- OPEN Stock Slumps Below $2 For The First Time In Over A Year: Opendoor CEO Defends Homeownership ‘Home Is Not Just a Financial Asset’ (Yahoo Finance)
- Opendoor Technologies (OPEN) Stock Dropped, So What Is Driving Attention Now? (Simply Wall Street)
- Circular Financing Arrangements, Mounting Risky Debt, and Increased Stock Market Exposure: The AI Bubble is Primed to Pop (Open Markets Institute)
- Indian share benchmarks log best day in four months on global AI slump (Reuters)
- Open Text Corporation $OTEX Stock: TD Waterhouse Canada Inc. Lowers Holdings (MarketBeat)
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Questions about Opendoor Technologies stock
What does Opendoor Technologies do?
Opendoor Technologies trades on the Nasdaq under the ticker OPEN. It is a mid cap company in the real estate industry, part of the real estate sector, with a market value of about 2.2 billion dollars.
What is the ticker symbol for Opendoor Technologies?
Opendoor Technologies trades under the ticker OPEN on the Nasdaq.
What is Opendoor Technologies's market cap?
Opendoor Technologies is a mid cap stock with a market cap of about 2.2 billion dollars.
How does Opendoor Technologies make money?
Collecting rent from buildings, towers, warehouses or homes. Owning and managing property. Fees for services tied to real estate.
What moves OPEN stock?
Interest rates, which affect borrowing costs and property values. Occupancy and how much rent can be charged. Demand for the type of property they own.
How can I follow OPEN stock every day?
Add OPEN to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.