Opendoor Will Fall on August 31 as Banks Cut Targets

Opendoor will finish August 31 down, as Q2 misses and wider losses keep pressure on the stock. The company reported Q2 revenue of $883 million, below the FactSet consensus of $906 million, and posted a $0.17 per share loss versus an expected $0.07. UBS trimmed its price target from $5.00 to $4.50 a…