Why Opendoor Stock Shot Higher After Q3 Earnings

Opendoor Technologies (NASDAQ: OPEN) is reimagining residential real estate. Its platform streamlines transactions, making it possible to buy and sell a home on a mobile device. Specifically, Opendoor leans on data science to buy and sell homes, and it provides supplemental products like home loans, title insurance, and escrow services.

In this Backstage Pass video, which was recorded on Nov. 10, 2021, Motley Fool contributor Travis Hoium discusses Opendoor's third-quarter financial results, hitting on the strengths of its iBuying business. He also explains where investors should focus their attention in the coming quarters.

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Source Fool.com