Is Opendoor Technologies Stock's Pullback a Buying Opportunity?
These results help explain the optimism that has driven the stock higher. Opendoor is showing signs of improved unit economics, tighter inventory management, and the ability to operate more efficiently while expanding its reach through partner agents.In the company's Q2 earnings release, then-CEO Carrie Wheeler noted that the team "achieved our first quarter of Adjusted EBITDA profitability since 2022" despite a deteriorating housing backdrop and emphasized expanding an "agent-led distribution platform" to ...