Opendoor Technologies Inc suffers weak session with 6.85% loss; downside halted at $1.31

A quick look at yesterday: the online US real estate company dropped 6.85% early on and traded close to the $1.36 level.

United States ADP Nonfarm Employment Change (Apr) is next today at 12:15 UTC.

While price action maintains a negative bias, United States JOLTs Job Openings (Mar) released yesterday at 14:00 UTC with a figure of 9.59 million, while the previous figure was 9.97 million. United States API Weekly Crude Oil Stock came out at -3.94 million, while a consensus of analysts was expecting -1,000,000. United States Factory Orders released earlier showed a marked improvement to 0.9% from the preceding data of -1.1%, but fell short of the 1.1% figure forecast by a consensus of market analysts.

Looking ahead, ongoing depreciation may be prolonged as United States Initial Jobless Claims projected to decline to 240,000 while previous data was 230,000; data will be released tomorrow at 12:30 UTC.

Moreover, United States Crude Oil Inventories is projected to outperform its last figure with -1.1 million. It previously stood at -5 million; data will be released today at 14:30 UTC.

Furthermore, United States Interest Rate is expected today at 18:00 UTC.

The online residential real estate company has fallen back around 81.8% over the past 11 months, from a notable high of $8.