Why Opendoor Technologies, Medical Properties Trust, and Kilroy Realty Stocks All Popped on Thursday
Opendoor(OPEN) The Motley Fool·2024-07-12 01:16
Good news on inflation is great news for REITs and other real estate stocks.Shares of Opendoor Technologies (OPEN 5.00%) stock jumped 6.6% through 12:15 p.m. ET Thursday, and it's not the only winner in the real estate sector today. Real estate investment trusts (REITs) Medical Properties Trust (MPW 0.57%) and Kilroy Realty (KRC 5.84%) also spiked in morning trading, albeit with caveats.As morning turns to afternoon, Kilroy stock is maintaining its momentum with a 5.7% gain, while Medical Properties Trust h ...