Opendoor Shares Rise 16.6% After Retesting a 52-Week Low
Photo: TokenPost
Opendoor Technologies (OPEN) gained 16.58% on Oct. 15, closing at $2.32 at 4 p.m. ET (20:00 UTC) after touching its 52-week low again. The move came as the 10-year Treasury yield declined, while the company’s latest quarterly results showed a larger net loss. The stock reached $1.93 on Oct. 14, its lowest mark in 52 weeks, and returned to that price briefly during the following session before ending higher. The 10-year Treasury yield was 5.10% on Oct. 15, down from 5.19% a day earlier, a nine-basis-point decline.
Source: TokenPost
