Opendoor Technologies Inc (OPEN) has seen a lack of significant news today, leaving investors to speculate on the stock's movement. Reddit discussions have been active, with users sharing their experiences and strategies related to trading. One user expressed frustration over a loss incurred due to a market order, explaining, "By the looks of it you used a market order which basically means 'I will buy at whatever price is available when the market opens' and then the price has since dropped." Another user advised, "Use a limit order next time not a market order. Then you can set a maximum price you are willing to pay per share."
The discussions also touched on broader market behaviors, with some users noting panic among novice traders. One comment highlighted, "A good portion of them went for straight up stock at open, and their losses probably look crazy to them right now." Another user suggested that the current market situation might be a short attack, predicting, "It will bounce back." These insights reflect a mix of trading strategies and market sentiment among retail investors.
As of the latest update, Opendoor Technologies Inc (OPEN) is trading at $2.09, reflecting a 1.88% decrease from the previous close.