|Bid||3.0100 x 21500|
|Ask||3.0300 x 47300|
|Day's Range||2.9800 - 3.2300|
|52 Week Range||0.9170 - 5.4100|
|Beta (5Y Monthly)||2.35|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 21, 2024 - Feb 26, 2024|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.52|
Zacks.com users have recently been watching Opendoor Technologies Inc. (OPEN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Shares of rate-sensitive growth stocks Shopify (NYSE: SHOP), Opendoor Technologies (NASDAQ: OPEN), and Upstart Holdings (NASDAQ: UPST) rallied this week, up 11.7%, 21.2%, and 21.7%, respectively, according to data from S&P Global Market Intelligence. Shopify is a high-growth e-commerce stock, Opendoor is an online e-commerce platform that buys and sells homes, and Upstart is a loan underwriter, mostly for unsecured personal loans and auto loans. Each is extremely sensitive to the interest rate environment, and each stock has been absolutely clobbered over the past two years by the fastest-ever series of interest rate hikes in history.
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