A trading week shortened by the Labor Day holiday brought slight gains to the FinTech IPO Index, which gained 0.5% overall. Opendoor surged more than 48%, continuing a volatile streak of stock swings to and fro. The stock, which has achieved meme status, was noted...
The FinTech IPO Index gained a relatively tame 0.6% through the past five sessions, as management changes at firms and earnings reports made the headlines. Opendoor CEO Steps Down Opendoor shares jumped more than 18%. As announced at the end of last week, CEO Carrie...
Earnings season has yet to be fully felt in the FinTech IPO Index’s realm, and in fact several of the news items through the week, alongside press releases, were focused on actual earnings release dates stretching out toward the end of the month and into...
Is it a legit run? A passing fad? A meme stock? Opendoor Technologies roared back onto Wall Street’s radar and easily topped the positive movers on the Fintech IPO Index this week. Overall, the index was up 2.51% for the week and is outpacing June...
November 14, 2025
For the FinTech IPO Index, it was all earnings, all the time. Even strong growth in lending and card issuance, all mainstays of digital upstarts, was not enough to buoy the group. Double-digit declines were a hallmark of performance, but there were some gains too, so the overall index was down a relatively muted 0.9%. […]
September 05, 2025
A trading week shortened by the Labor Day holiday brought slight gains to the FinTech IPO Index, which gained 0.5% overall. Opendoor surged more than 48%, continuing a volatile streak...
August 22, 2025
The FinTech IPO Index gained a relatively tame 0.6% through the past five sessions, as management changes at firms and earnings reports made the headlines. Opendoor CEO Steps Down Opendoor...
July 25, 2025
Earnings season has yet to be fully felt in the FinTech IPO Index’s realm, and in fact several of the news items through the week, alongside press releases, were focused...
December 15, 2023
Opendoor Co-founder Eric Wu will resign from the company effective Jan. 1. Wu will leave his roles as president of marketplace and a member of the board of directors but will remain an advisor to the company and the board, Opendoor said in a Friday (Dec. 15) filing with the Securities and Exchange Commission (SEC). […]
September 19, 2022
Opendoor Technologies reported it lost money on 42% of transactions in August as the U.S. housing market falters for builders, flippers and others looking to sell houses, Bloomberg wrote Monday (Sept....
August 01, 2022
The Federal Trade Commission on Monday (Aug. 1) fined online home buying firm Opendoor Labs $62 million, saying it must stop cheating potential home sellers by tricking them into thinking...
June 06, 2022
Real estate digital platform Opendoor has launched a financing app that the company claims lets consumers get pre-approved for a mortgage in under two minutes. The app, which went live...