Opendoor Technologies Inc on its way to $1.4, gaining 4.48% today

The online residential real estate company closed yesterday at $1.34. Today, it went up to $1.42 only to drop back, but is still positive overall — trading around $1.4.

Opendoor Technologies Inc's uptick comes amid good United States macroeconomic data released during the day — United States Initial Jobless Claims came out at 190,000, better than analyst estimates of 195,000 and improving upon the previous reading of 192,000. Highly important Crude Oil Inventories data from United States beat analyst expectations of 457,000 with a reading of 1.17 million.

At the same time, United States ISM Manufacturing PMI (Feb) released yesterday at 15:00 UTC with a figure of 47.7, while the previous figure was 47.4.

Also worthy of note, United States ISM Non-Manufacturing PMI (Feb) is expected tomorrow at 15:00 UTC.

The online US real estate company reached a significant high of $9.85 around 11 months ago but has lost 86.4% since then.