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Barchart
Wajeeh Khan

Should You Buy the Post-Earnings Dip in Opendoor Stock?

OPEN Opendoor Kaz Nejatian

Opendoor (OPEN) shares fell on Friday after the online marketplace for buying and selling residential real estate said its revenue tanked and loss widened on a year-over-year basis in Q3. 

Even more troubling was the management’s admission that losses will balloon further in the fourth quarter. OPEN issued nearly 181 million new shares, raising dilution concerns as well. 

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