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Rocket Companies, Inc.

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[Opendoor Technologies](https://www.cnbc.com/quotes/OPEN/) – The residential real estate sales platform saw shares rise 13%. Fourth-quarter revenue of $736 million beat the LSEG consensus estimate of $549 million. Opendoor sees its first-quarter adjusted EBITDA loss in the low to mid $30 million range, versus the FactSet consensus call for a loss of $32.2 million. Management said that the company is “driving to Adjusted Net Income positive by the end of 2026, measured on a twelve-month go-forward basis.” OPEN beat their number. Looks like a positive environment for competitors like RKT, who reports next week.
I duno why the fuck I decided to hold my position after seeing PayPal tank. I don’t know what I expected. Payments fintech is dead. RKT / sofi/ open housing related barely hanging.
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