Site icon Homes in the United States

Opendoor grows revenue and trims losses in 2nd quarter rally

Opendoor managed to increase its revenue and cut its losses in a reassuring sign for investors just a few months after the iBuyer was at risk of being delisted from the stock market. However, the company also said it expects lower acquisition and resale volume for the rest of the year, due to macro-economic factors.
Source: Inman News

Exit mobile version