Opendoor Technologies ($OPEN) Plummets 17.8% in After-hours Trading

Opendoor Technologies (OPEN) stock took a harsh tumble, declining 17.86% during the after-hours session on Tuesday 5th August 2025, to settle at $2.07. The stock, which initially started trading at $2.44, had closed the regular trading period at $2.52.

The company reported its Q2 2025 financial results after the market closed, showing a loss of $0.01 per share, which was in line with analyst expectations.

On the brighter side, Opendoor Technologies posted revenue of $1.57 billion, beating the analyst’s estimate of $1.5 billion and marking a 4% growth compared to the same quarter last year.

Despite the improved earnings, the stock experienced a significant drop in the after-hours session.

Exit mobile version