1 Growth Stock Down 94% to Buy Right Now
OPENOpendoor(OPEN) The Motley Fool·2024-09-05 06:30

This online real estate stock is too cheap to ignore.Opendoor (OPEN -1.03%) has been a tough stock to own over the past few years. The online real estate company's stock started trading at 31.47afteritwentpublicbymergingwithaspecialpurposeacquisitioncompany(SPAC)inDecember2020andreacheditsrecordhighof31.47 after it went public by merging with a special purpose acquisition company (SPAC) in December 2020 and reached its record high of 35.88 during the apex of the growth-stock rally in February 2021.Since then, however, Opendoor's stock has declined 94% to about $2. It crashed and burned as rising interest rates rattl ...