Opendoor Technologies (NASDAQ: OPEN) reported Q3 earnings, beating revenue but missing profit expectations. Revenue was $915M, up YoY, but net loss widened to $90M. Gross margin fell to 7.2%. Q4 outlook expects revenue to drop ~35% sequentially due to low inventory. CEO targets profitability by 2026, prompting market repricing.

Read more at Yahoo Finance: 7 Reasons Opendoor Technologies Is Down 17% This Morning