Today at a glance: after ending today at $2.93, the online residential real estate company recovers back to $2.94 after dipping down to $2.76 earlier today.
Opendoor Technologies Inc is currently trading at $2.94 following the release of FOMC Press Conference data from the United States.
Uncertainty around Opendoor Technologies Inc is reflected by published market data as United States Interest Rate released today at 18:00 UTC with a figure of 5.25, while the previous figure was 5.25. United States Crude Oil Inventories beat the 1.48 million projections, with 7.92 million. Producer Price Index in United States fell short of market expectations (-0.1%) with a reading of -0.3%, continuing the decline from the previous figure of 0.2%.
Meanwhile, mixed performances were seen by other real estate stocks as ProLogis traded at $122.27 after closing today's trading day at $121.35 (up 0.76%).
Data to be released tomorrow might clear up some of the market fog as United States Retail Sales expected to decline to -0.1% while its preceding data was 0.4%, data will be available tomorrow at 12:30 UTC. Tomorrow at 12:30 UTC data for United States Core Retail Sales will be released, with an expected decline to 0.1% from the preceding figure of 0.4%. United States Philadelphia Fed Manufacturing Index (Jun) scheduled to come out tomorrow at 12:30 UTC.
The stock has been trending positively for about a month. The past 3 months have been positive for the online residential real estate company as it added 113.87% compared to its 3-month low of 97.01 cents.