While shares in rival iBuyer Offerpad also went on a rollercoaster ride in July, the company’s market capitalization remains below the New York Stock Exchange’s $50 million minimum requirement. Continue reading
Both of the money-losing iBuyers had been warned they could face delisting, but investors have taken a fancy to the companies — which have both posted triple-digit gains in July. Continue reading
Opendoor’s stock has spent months in precarious territory and now, the warning siren is blaring. The company has received a notice from Nasdaq after its share price fell below $1 for 30 consecutive business days, triggering compliance concerns, accordi… Continue reading
Offerpad’s market capitalization has dropped below $50 million for 30 consecutive trading days, and the New York Stock Exchange wants to know what it’s going to do about it. Continue reading