Opendoor stock jumps 17% premarket after Q4 results — what traders watch next for OPEN
Opendoor shares jumped 17% to $5.46 in premarket trading Friday after reporting a fourth-quarter net loss of $1.096 billion, including a $933 million debt charge. Revenue fell to $736 million from $1.084 billion a year earlier. The company said homes purchased rose 46% from the prior quarter. Opendoor expects first-quarter revenue to decline about 10% from Q4.
