Opendoor planning reverse stock split in face of delisting threat
Shares in the iBuyer have traded for as little as $0.58 on the Nasdaq in recent days — well below the $1 threshold companies must meet to avoid delisting. Continue reading
Shares in the iBuyer have traded for as little as $0.58 on the Nasdaq in recent days — well below the $1 threshold companies must meet to avoid delisting. 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
After adding 1,000 agents per month in 2024, Real said January could become its most productive hiring month in company history. Continue reading
In addition to going public at a bad time for mortgage lenders, Barron’s reports that a SPAC merger resulted in a huge increase in the number of shares outstanding. Continue reading
Real estate stocks fell on Wall Street, too — though even before the carnage they were already hovering near all-time lows. Continue reading
Multiple real estate companies are seeing share prices fall to all-time lows. If they can’t ultimately turn around their stock market performances, their falling share prices could have profound impacts on the real estate industry. Continue reading
The company also saw its agent count grow to 2,451, up 126 percent year over year, according to earnings figures released Tuesday. Continue reading
Tamir Poleg also believes the currently wild housing market may calm down in the near future, but he doesn’t think there’s a bubble forming. Continue reading
The 3D imaging company’s shares debuted Friday at about $14.42 and ended the day around $14.20. The firm went public via a merger with a special acquisition company. Continue reading