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Why Opendoor Stock Is Down Today

Source: fool.com

Corporate EarningsHousing & Real EstateCompany Fundamentals
Why Opendoor Stock Is Down Today

Opendoor reported third-quarter sales up 12% to $1.02 billion, but gross margin fell to 3.7% from 7.2% a year earlier and its net loss widened to $218 million from $90 million. The stock was sinking Friday following the results.

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