domainapple@gmail.com Opendoor Technologies ( (OPEN) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Opendoor Technologies’ stock has been influenced by recent leadership changes and a significant share sale by an ex-CEO, leading to concerns about volatility. The stock price dropped by $0.44 to approximately $6.21. Additionally, the rise in implied volatility and a steepened put-call skew suggest increased expectations for price movements and a higher demand for downside protection.
More about Opendoor Technologies
YTD Price Performance: 318.24%
Average Trading Volume: 271,931,539
Technical Sentiment Signal: Buy
Current Market Cap: $4.89B
For further insights into OPEN stock on TipRanks’ Stock Analysis page.
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