Opendoor Technologies (OPEN) reported disappointing third-quarter results, which sent shares plunging about 10% as revenue declined and net losses widened substantially. OPEN stock has since rocketed back up almost 25%. The iBuying platform reported an adjusted EBITDA loss of $33 million, which is significantly below analyst estimates of $23.7 million and the company's own guidance. Q4 losses are expected to balloon to the high $40 million to mid $50 million range as the real estate technology company navigates a complex turnaround.
