Should You Avoid Opendoor Stock, Even at a 52-Week Low?
The market sees more risk than opportunity.
Overview
Opendoor Technologies (NASDAQ: OPEN) stock is trading down 26% over the past year despite new management, many changes, and improving metrics. The market doesn't seem confident in its claim to be getting closer to profitability. Alternatively, it might just be pessimistic, as the housing market remains under pressure.
With shares priced at just $3.22 as of this writing, should you avoid this stock trading near its 52-week low?
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.