Opendoor Technologies Inc lost 12.18% today, closed at $1.19

Today at a glance: in today's bearish session, the online residential real estate company shed around 12.18% in quick fashion, found support around the $1.1 level and finally closed at $1.19. In contrast, the day's events followed yesterday's session in which the stock closed at $1.35.

Unemployment Rate in United States fell short of market expectations (3.4) with a reading of 3.6, continuing the decline from the previous figure of 3.4. United States Initial Jobless Claims fell short of the 195,000 projections, with new data of 211,000.

This down-slide takes place despite the positive US macroeconomics indicators data that was published earlier — United States Non Farm Payrolls beat the 205,000 projections, with 311,000.

Opendoor Technologies Inc was not the only decliner in the real estate sector; ProLogis lost 3.55% today and closed at $117.

11 months ago the online US real estate company reached a significant high of $9.85 but has consequently lost 86.24% since then.