
Earnings Results: Stocks of Zillow rivals Opendoor, Offerpad rally after sales, forecasts top Street
Opendoor Technologies Inc. and Offerpad Solutions Inc. shares rallied in the extended session Wednesday after the online real-estate platforms both reported revenue and outlooks that topped the Wall Street consensus, a week after Zillow Group Inc.’s disastrous earnings.
Opendoor OPEN shares surged 15% and Offerpad OPAD shares gained 5% after hours, following a regular session where Opendoor shares fell 7.1% to close at $19.52 and Offerpad shares declined 3.2% to close at $7.24.
Opendoor…