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via seekingalpha.comBusiness & Companies

Opendoor's Q3 loss widens more than expected; Q4 guidance lags estimates

FROM THE WIRE · SEEKINGALPHA.COM

Opendoor Technologies (OPEN) was trading lower as net loss widened more than expected in the third quarter, while the fourth quarter financial guidance fell short of analyst estimates.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA wider loss and weak guidance are negative for the stock in the near term.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Net loss in the third quarter widened more than expected.
  2. 02Fourth quarter financial guidance fell short of analyst estimates.
  3. 03Opendoor Technologies was trading lower.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Opendoor Technologies Inc.OPENStock1.79 USDMarket closedtoday -9.60%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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