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June 07, 2023A quick look at yesterday: bullish sentiment helped the online US real estate company to hammer out a noteworthy $2.22 to $2.51 range yesterday, and finally closing at $2.46 to end the session.
Meanwhile, United States API Weekly Crude Oil Stock came out at -1.71 million, while a consensus of analysts was expecting 1.5 million.
This rally in Opendoor Technologies Inc's share price coincided with other real estate stocks as ProLogis added 0.96% to its value, and traded at $125.83.
Also worthy of note, United States Crude Oil Inventories projected to come out at 1.15 million — worse than previous data of 4.49 million; data will be released today at 14:30 UTC. United States Initial Jobless Claims projected to decline to 238,000 while previous data was 232,000; data will be released tomorrow at 12:30 UTC.
The stock has been trending positively for about a month. The online US real estate company has fallen back around 67.93% from the significant high of $7.39 set a year ago.
