— Shares of the real estate company fell more than 6% after Citi cut its price target on Opendoor to $2.70 per share from $3.90.
Citi cited the low number of pre-existing homes on the market as a reason to be concerned about Opendoor. Because the stock trades at less than $3 per share, small moves in nominal terms can appear as large percentage changes.
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Source: MarketWatch - 🏆 3. / 97 Read more »
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