Opendoor (OPEN) Stock Falls as Trump Targets Institutional Real Estate Investors

TLDR Opendoor (OPEN) stock dropped 10% to $6.12 after Trump’s institutional buyer ban announcement Trump plans to ban large institutional investors from purchasing single-family homes CEO Kaz Nejatian supports Trump’s proposal, says “homes are for families” Opendoor clarified it’s not an institutional investor and doesn’t hold homes long-term Real estate stocks fell broadly following Trump’s [...]

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