Tag Archives: NYSE

Offerpad sees declining revenue, but trims losses during Q2

By | | Uncategorized
Comments Off on Offerpad sees declining revenue, but trims losses during Q2

Offerpad’s revenue declined 36 percent year-over-year to $160.3 million in Q2. However, it’s net losses declined 21 percent to $10.9 million. Continue reading →

‘Meme stock’ surge lifts Opendoor out of delisting danger zone

By | | Uncategorized
Comments Off on ‘Meme stock’ surge lifts Opendoor out of delisting danger zone

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 →

IBuyer shares are soaring as investors continue buying frenzy

By | | Uncategorized
Comments Off on IBuyer shares are soaring as investors continue buying frenzy

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 planning reverse stock split in face of delisting threat

By | | Uncategorized
Comments Off on 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 →

Real estate took a drubbing in Q4, but some companies still surprised

By | | Uncategorized
Comments Off on Real estate took a drubbing in Q4, but some companies still surprised

Brokerages, tech companies and mortgage providers all saw massive losses as the market soured at the end of 2022. But some leaders did have a few tricks up their sleeves. Continue reading →

After a near 90% fall, analytics firm sees Opendoor shares rising to $6

By | | Uncategorized
Comments Off on After a near 90% fall, analytics firm sees Opendoor shares rising to $6

A financial firm recently set a $6 price target for Opendoor stock. That price would be substantially higher than what shares are currently fetching. Continue reading →

Real estate in 2022: When the #@!$ finally hit the fan

By | | Uncategorized
Comments Off on Real estate in 2022: When the #@!$ finally hit the fan

Soaring mortgage rates, slagging sales, thousands and thousands of layoffs: The past 12 months have offered a jarring reminder that what goes up must come down. Continue reading →

NYSE threatens to boot Offerpad over plummeting share price

By | | Uncategorized
Comments Off on NYSE threatens to boot Offerpad over plummeting share price

Offerpad’s stock slipped below $1 per share in late October, positioning the iBuyer to be delisted from the New York Stock Exchange, which would make it more difficult to buy and sell shares while scaring off investors. Continue reading →

The big iBuyers are getting brutalized in the stock market

By | | Uncategorized
Comments Off on The big iBuyers are getting brutalized in the stock market

Shares in Opendoor, Offerpad and Redfin all hit all-time low prices Friday. The milestones come after months of declines for companies across the real estate space. Continue reading →

Anywhere rings in rebrand at NYSE opening bell with new stock ticker

By | | Uncategorized
Comments Off on Anywhere rings in rebrand at NYSE opening bell with new stock ticker

Anywhere Real Estate celebrated the official launch of its rebrand from Realogy on Thursday at the New York Stock Exchange opening bell. The company is now trading under the “HOUS” ticker. Continue reading →