Opendoor Technologies (OPEN) Gains Ahead of Quarterly Earnings: What to Expect?

Opendoor Technologies Inc (NASDAQ: OPEN), which operates a digital platform for the real estate sector, is an innovative company and this year, investors seem to have rewarded its stock as well.

 

The Opendoor stock has performed impressively this year so far and managed to deliver gains of as much as 20%. Although there has been no recent development, it might be wise for potential investors to take a look at an announcement made by the company back in January.

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On January 29 Opendoor announced that the financial results for the fourth quarter of 2020 and also for the full year will be published on March 4, 2021. The fourth-quarter results are for the period that ended on December 31, 2020. The results are going to be announced after the closure of markets and the management will also host a conference call on the same day. Since the day is approaching, it could be a good idea for investors to track the stock this week.

Jack Dawkins

Finance and Tech Contributor