OPENDOOR ALERT: Bragar Eagel & Squire, P.C. is Investigating Opendoor Technologies, Inc. on Behalf of Opendoor Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Opendoor Technologies, Inc. ("Opendoor" or the "Company") (NASDAQ: OPEN) on behalf of Opendoor stockholders. Our investigation concerns whether Opendoor has violated the federal securities laws and/or engaged in other unlawful business practices.

Click here to participate in the action.

On September 19, 2022, citing a review of industry data, Bloomberg reported that Opendoor appeared to have lost money on 42% of its transactions in August 2022 (as measured by the prices at which it bought and sold properties). Bloomberg further reported that the data was even worse in key markets such as Los Angeles, where Opendoor lost money on 55% of sales, and Phoenix, where it lost money on 76% of sales.

More on EntSun News

• RiseUP TV Announces Their First Ever European Tour - RiseUP TV Europe Tour 2022 taking place October 4th to October 8th
• SIGLENT Technologies Expands the Addressable Frequency Range of its RF Instruments to Best Support Microwave Range
• Abatable announces new strategic partnership with Geotree
• Beautyforever Sixth Anniversary Sale Warm-up: 0.01$ Win Free Wig
• K Patrice Williams gains broad sweep of community support for Fairfield City Council

Following the Bloomberg report, Opendoor's stock price fell $0.50 per share, or 12.32%, over the following two trading sessions, to close at $3.56 per share on September 20, 2022.

If you purchased or otherwise acquired Opendoor shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.

More on EntSun News

• Comedian Don Barnhart Brings The Funny To Laffs Comedy Caffe In Tucson
• MAX Illumination Launches Custom and Bespoke Light panels
• The South Florida International Film Festival Awards for September 2022
• Will The Fans Of The Michael Myers Franchise Embrace The New Halloween's End Film?
• JunoActive Offers Mastectomy-Friendly Plus-Size Swimwear in Support of Breast Cancer Awareness Month

About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com

---

Show All News | Report Violation