Opendoor (OPEN) Stock Update: Homebuyer.com Deal, Warrant Dividend, Analyst Targets, and What to Watch When Markets Reopen
Opendoor Technologies last traded at $6.01 after a session with 47 million shares changing hands, as U.S. markets closed for the weekend. The company announced it is acquiring Homebuyer.com to expand its mortgage business and named Lucas Matheson as president and Christy Schwartz as CFO. Financial terms of the acquisition were not disclosed. Broader markets ended Friday nearly flat in light, post-holiday trading.