We came across a bearish thesis on Opendoor Technologies Inc. on Buffetts Disciple’s Substack by Aled. In this article, we will summarize the bears’ thesis on OPEN. Opendoor Technologies Inc.'s share was trading at $5.76 as of January 28th.
Opendoor Technologies Inc. (Opendoor) is a tech-enabled real estate company that aims to simplify the home buying and selling process, but its business model faces severe structural challenges. Founded to offer sellers a faster, less stressful alternative to traditional real estate transactions, Opendoor purchases homes directly and...
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