Opendoor Technologies is a real estate platform enabling consumers to buy and sell a home online. Co.'s offerings include: Opendoor Complete, which provides customers with certainty on the equity in their existing home with its all-cash offer, the ability to make an offer on their next home with its cash backing, and the ability to line up closing dates and avoid double moves or mortgages; Sell to Opendoor, which conducts a virtual interior home assessment and a contact-free exterior assessment to verify the home data information and finalize the offer; Opendoor Home Loans, which is a mortgage platform; and Title and Escrow, which provides integrated title insurance and escrow services. We show 14 historical shares outstanding datapoints in our OPEN shares outstanding history coverage, used to compute OPEN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing OPEN market cap history over the course of time is important for investors
interested in comparing OPEN's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of OPEN versus a peer is one thing; comparing
OPEN market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like OPEN can fluctuate over the course of history.
With this page we aim to empower investors researching OPEN by allowing them to research the OPEN market cap history. |
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Video: The Importance of Market Cap
