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

Opendoor hit with Nasdaq notice, skids closer to delisting zone

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 joins Opendoor, Fathom in the stock delisting danger zone

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

The Real Brokerage reaches 25K-agent milestone

After adding 1,000 agents per month in 2024, Real said January could become its most productive hiring month in company history. Continue reading

Better shares plunge more than 90% in Nasdaq debut

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 companies dip as stock market tallies worst day in 2 years

Real estate stocks fell on Wall Street, too — though even before the carnage they were already hovering near all-time lows. Continue reading

Real estate stocks are getting absolutely destroyed right now

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

Virtual brokerage Real sees significant revenue growth in Q2

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

Virtual brokerage Real plans to add thousands of agents, CEO says

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

Matterport finishes first day of trading slightly down

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