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Opendoor to Report Second Quarter 2024 Financial Results on August 1st, 2024
Newsfilter· 2024-07-08 21:00
SAN FRANCISCO, July 08, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it will report second quarter 2024 financial results for the period ended June 30, 2024 following the close of the market on Thursday, August 1, 2024. On that day, management will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's business and financial results. What: Opendo ...
Opendoor to Report Second Quarter 2024 Financial Results on August 1st, 2024
GlobeNewswire News Room· 2024-07-08 21:00
SAN FRANCISCO, July 08, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it will report second quarter 2024 financial results for the period ended June 30, 2024 following the close of the market on Thursday, August 1, 2024. On that day, management will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company’s business and financial results. What: Opend ...
CANNES LIONS' OPEN HOUSE FOR GOOD 2024
Prnewswire· 2024-06-18 00:15
Why women are still coming last in the creative awards race EACA, NORD DDB, TBWA and ACT Responsible partner up to launch 'Creative Equality in Advertising 2024' Report reveals that women are still only winning 24% of the top metal across Europe's major awards CANNES, France, June 17, 2024 /PRNewswire/ -- Women are winning less than a quarter of Europe's top awards accolades according to a new report. 'Creative Equality in Advertising 2024' highlights the persistent issue of gender inequality in the adverti ...
Why Opendoor, Home Depot, and NVR, Inc. Rallied Today
The Motley Fool· 2024-06-13 04:01
Today's softer-than-anticipated CPI report helped light a fire under rate-sensitive housing stocks. Shares of housing-related companies Opendoor (OPEN 4.22%), Home Depot (HD 2.67%), and NVR, Inc. (NVR 2.07%) rallied today, up 6.5%, 3%, and 2.1%, respectively, as of 3:20 p.m. EDT. However, all three stocks had been up significantly more earlier in the day. At one point, Opendoor had rocketed 19.2% higher at Wednesday's highs. These housing-related names all rallied after this morning's softer-than-expected C ...
3 Stocks to Sell (or Short) Before the Housing Market Cracks
Investor Place· 2024-06-12 19:30
文章核心观点 - 美国房地产市场正面临下行压力,房价下降和销量下滑的迹象明显 [1][2] - 这将对家电、装修等相关行业产生负面影响 [3] - 文章重点分析了3只相关股票的投资价值 [4] 行业总结 - 美国房地产市场销量下滑,2023年第一季度现有房屋销量创下近30年新低 [2] - 房地产市场低迷将导致家电、装修等相关行业需求下降 [3][6] 公司总结 Whirlpool (WHR) - 第一季度收入下降3.4%,每股收益下降33%,北美业务EBIT下降49% [4] - 大型投资者Tepper已清仓该股,该股也是S&P 500指数中最多空头的公司 [5] - 房地产市场低迷导致新房主购买家电需求下降,高利率也抑制了现有房主更新家电的意愿 [6] Zillow Group (Z) - 第二季度营收和EBITDA指引低于市场预期 [7][8] - 预计第二季度美国住宅房地产交易量将持平,较一季度的4%同比增长有所放缓 [9] - 公司一季度净亏损同比有所增加,当前估值过高 [10] Opendoor Technologies (OPEN) - 第一季度收入大幅下降61%,毛利润大幅下降 [12] - 全年预计将出现大额EBITDA亏损 [12] - 公司CEO承认买家需求下降,这一趋势将进一步恶化公司的财务状况 [13] - 公司股票综合评级和相对强度评级均很低,表现极差 [13][14]
GLENBROOK CAPITAL MANAGEMENT RELEASES OPEN LETTER TO TEJON RANCH BOARD CALLING FOR TRANSPARENCY
prnewswire.com· 2024-05-24 04:28
Urges Company to Conduct Periodic Investor Calls and Adopt Investor Outreach Program Believes Transparency and Engagement Will Help Unlock Tejon's Value PALO ALTO, Calif., May 23, 2024 /PRNewswire/ -- Glenbrook Capital Management ("Glenbrook" or "we"), a long-time shareholder of Tejon Ranch Co. (NYSE:TRC) ("Tejon"), today issued the following open letter to the Chairman of the Nominating and Corporate Governance Committee of Tejon's Board of Directors May 23, 2024 Tejon Ranch Co. P.O. Box 1000 Tejon Ranch, ...
Opendoor Is Inching Closer to Profitability – Should You Buy the Stock?
fool.com· 2024-05-20 17:41
The iBuying leader produced better-than-expected results, but is it a viable model long-term? Opendoor (OPEN -1.03%) reported first-quarter results that exceeded the high end of the company's own profitability guidance. With management expecting margins to improve in the second quarter, and for sales volume to increase significantly, should you consider buying the stock? In this video, we'll take a look at the latest numbers and the reasons to be optimistic as well as cautious. *Stock prices used were the m ...
This Massively Crushed Stock Could Skyrocket 72% This Year, According to 1 Wall Street Analyst
fool.com· 2024-05-20 13:18
Is this a bargain price or a value trap? Real estate companies have been absolutely crushed by inflation and the resulting hiked interest rates. Some are feeling it more than others, and digital real estate companies, which were supposed to be the industry disruptors, have been some of the worst hit. Opendoor Technologies (OPEN -1.03%) is an iBuying company, which means it buys homes and resells them through its digital platform. It also has a massive marketplace for buyers to find homes and a large agent n ...
TED B. MILLER SENDS OPEN LETTER TO CROWN CASTLE SHAREHOLDERS
prnewswire.com· 2024-05-18 03:35
Crown Castle's Board Has Presided Over a Decade of Underperformance and Lacks the Expertise to Turn the Company Around Boots Capital's Nominees Bring the Critical Tower Industry Experience and Detailed Plan Necessary to Restore Crown Castle's Value for Shareholders Time is Running Out to Cast Your Vote – Your Voice Matters No Matter How Many Shares You Own Urges Shareholders to Vote the GOLD Proxy Card Today "FOR" Boots Capital's Four Highly Qualified Director Nominees – Ted Miller, Charles Green, David Whe ...
Opendoor to Present at J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference
Newsfilter· 2024-05-14 21:00
SAN FRANCISCO, May 14, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Carrie Wheeler, Chief Executive Officer, will speak at the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference on Tuesday, May 21, 2024 at 12:45pm PT/3:45pm ET. A live webcast of the presentation will be available at investor.opendoor.com. About Opendoor Opendoor's mission is to power lif ...