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Market Impact: 0.2
Rate Hike Jitters Rattle iBuyer Stocks: Opendoor Falls 4%, Zillow Slides 2% but Offerpad Holds Steady
Source: 247wallst.com
Housing & Real EstateInterest Rates & YieldsMonetary PolicyMarket Technicals & Flows
Opendoor shares fell 4% to $2.68 in Tuesday morning trading as higher Treasury yields and expectations for tighter monetary policy pressured housing-related equities. Offerpad was essentially unchanged at $3, indicating selective but negative sentiment toward rate-sensitive real-estate stocks.
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Overall Sentiment
mildly negative
Sentiment Score
-0.30
Ticker Sentiment
OPEN-0.35
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