Is Opendoor Technologies a Phoenix Rising From the Ashes? 3 Good Signs for the Business
Real estate technology company Opendoor Technologies (NASDAQ: OPEN) was on an impressive growth trajectory before a miscalculation and a remarkably unlucky hiccup in the housing market combined to derail the business.
The company has spent the past four quarters recovering, and the stock was hammered during the back half of last year. However, the shares are up 180% since January, and it's time to wonder whether that recovery is real or just a stock bubble waiting to pop.
Remember that a company's fundamentals typically drive share prices over time, and there are some critical signs that things are heading in the right direction at Opendoor. Here is what you need to know.
Source Fool.com
