Reported 1 day ago
Opendoor Technologies experienced a significant stock price surge following a major management overhaul, including the appointment of Kaz Nejatian as CEO and the return of co-founders Keith Rabois and Eric Wu. Despite returning to adjusted EBITDA profitability and generating $1.6 billion in revenue last quarter, questions remain about the company's ability to maintain value growth amidst market volatility and upcoming operational challenges. Investors are advised to monitor performance over the next few quarters before making investment decisions.
Source: YAHOO