Opendoor Technologies OPEN shares are trading lower after the company announced a proposed secondary public offering of 28 million shares of common stock.
Opendoor Technologies stock has been falling Tuesday, down 4.28% to a price of $17.0. Tuesday the stock has been traded at a volume of 22.97 million, about 180.05% of its recent 30-day volume average of 12.76 million.
The stock's 50-day moving average was $16.06 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $39.24 and fallen to a low of $13.44.
If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
