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March 06, 2023
After closing the previous trading day at $1.53, Opendoor Technologies Inc. is up to $1.64, which makes for a move of 6.86%/10.5 cents today.
Meanwhile, data for United States Factory Orders released today at 15:00 UTC is better than expected with -1.6%, but worse than previous figure of 1.7%.
This rally in Opendoor Technologies Inc's share price coincides with other real estate stocks as ProLogis is up 0.6%.
The market is looking forward to the release of new data: United States Fed Chair Powell testimony is scheduled tomorrow at 15:00 UTC. United States EIA Short-Term Energy Outlook will be released tomorrow at 17:00 UTC.
The online residential real estate company reached a significant high of $9.85 around 11 months ago but has lost 84.47% since then.
