Canada markets close in 4 hours 7 minutes
  • S&P/TSX

    19,836.25
    +56.28 (+0.28%)
     
  • S&P 500

    4,330.73
    +10.67 (+0.25%)
     
  • DOW

    33,954.36
    -9.48 (-0.03%)
     
  • CAD/USD

    0.7424
    +0.0006 (+0.08%)
     
  • CRUDE OIL

    89.50
    -0.53 (-0.59%)
     
  • Bitcoin CAD

    35,344.67
    -455.54 (-1.27%)
     
  • CMC Crypto 200

    561.33
    +1.82 (+0.32%)
     
  • GOLD FUTURES

    1,937.30
    -8.30 (-0.43%)
     
  • RUSSELL 2000

    1,781.61
    +5.11 (+0.29%)
     
  • 10-Yr Bond

    4.5130
    +0.0750 (+1.69%)
     
  • NASDAQ

    13,254.38
    +42.57 (+0.32%)
     
  • VOLATILITY

    17.37
    +0.17 (+0.99%)
     
  • FTSE

    7,623.99
    -59.92 (-0.78%)
     
  • NIKKEI 225

    32,678.62
    +276.21 (+0.85%)
     
  • CAD/EUR

    0.7008
    +0.0043 (+0.62%)
     

Is Time Running Out for This Property-Tech Stock?

Is Time Running Out for This Property-Tech Stock?

Fourth-quarter earnings gave investors some insight into Opendoor's progress. Opendoor, which buys homes with cash offers and resells them for a fee, purchased a whopping 14,135 homes in the second quarter of 2022. Opendoor has been frantically trying to off-load these homes over the past two quarters, losing a lot of money in the process.