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June 26, 2023
A quick look at Friday: after closing the previous trading day at $3.17 and dropping to $2.84, the online US real estate company closed Friday at $2.93. By the end of the session, Opendoor Technologies Inc. gave up a total of 7.57%.
Opendoor Technologies Inc was not the only decliner in the real estate sector; ProLogis lost 1.48% Friday and closed at $116.9.
Some optimism can drawn from the fact that United States Core Durable Goods Orders is projected to outperform its last figure with -0.2%. It previously stood at -0.3%; data will be released tomorrow at 12:30 UTC.
Furthermore, United States Building Permits scheduled to come out tomorrow at 12:00 UTC. United States New Home Sales (May) is scheduled for tomorrow at 14:00 UTC.
The stock has been trending positively for about a month. The past 3 months have been positive for the online US real estate company as it added 66.84% compared to its 3-month low of 97.01 cents.
