Opendoor stock edges up in premarket after 5% slide as UBS hikes target ahead of earnings
Opendoor shares rose 0.8% to $4.73 in premarket trading Wednesday after a 5.1% drop Tuesday on heavy volume. UBS raised its price target to $5 but kept a neutral rating. Investors are awaiting Opendoor’s Feb. 19 earnings and webcast, with focus on cash use, margins, and inventory. S&P 500 futures edged up 0.1% ahead of a delayed U.S. jobs report.