U.S. stock market midday update: Opendoor Tech up 9.81%

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2025.08.15 14:33
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Opendoor Tech rose 9.81%; Zillow-C rose 0.90%, with a transaction volume of USD 39.37 million; Costa rose 0.92%, with a transaction volume of USD 32.88 million; CBRE had a transaction volume of USD 28.52 million; Beike rose 0.08%, with a market value of USD 21.8 billion

U.S. Stock Market Midday Update

Opendoor Tech rose 9.81%. Based on recent important news:

  1. On August 15, Opendoor announced CEO Carrie Wheeler's resignation, and Shirish Radhakrishnan was appointed as the interim head, causing the stock price to soar by 13.1%.

  2. On August 15, investor Anthony Pompliano announced the purchase of Opendoor shares, leading to a 64% increase in stock price.

  3. On August 13, KBW downgraded Opendoor's rating to "Underperform," with a target price of $1.

Top Stocks by Industry Trading Volume

Zillow-C rose 0.90%, with increased trading volume. Based on recent key news:

  1. On August 14, Zillow Group director Claire Cormier Thielke reported the sale of company common stock, leading to decreased market confidence in company insiders and stock price volatility.

  2. On August 13, Zillow Group director Gordon Sheridan Stephenson reported the sale of company common stock, further exacerbating market concerns and affecting stock price.

  3. On August 13, Zillow Group co-executive chairman and president Lloyd D. Frink reported the sale of company common stock, prompting a strong market reaction and stock price volatility.

Costa rose 0.92%, with increased trading volume. Based on recent important news:

  1. On August 13, First Pharmaceutical announced its financial report, with revenue increasing by 8.8% year-on-year and operating profit rising by 32.1%, boosting market confidence and Costa's stock price.

  2. On August 14, the company's shareholder equity increased to $11.3 million, indicating stable financial conditions and positive market expectations, leading to continued stock price growth.

  3. On August 12, analysts rated Costa as a moderate buy but did not include it in the recommended list, having limited impact.

CBRE saw increased trading volume. Based on recent important news:

  1. On August 15, CBRE assisted in the sale of a large area of land in Taoyuan Guanyin Industrial Zone for a transaction amount of 1.06 billion, reflecting market recognition of the regional industrial function and driving stock price up.

  2. On August 14, Sino Land acquired land in Tuen Mun at a price higher than market expectations, reflecting a rebound in market confidence, indirectly benefiting CBRE.

  3. On August 13, the head of CBRE's Asia-Pacific research department stated that there are signs of improvement in Hong Kong's office market, with a rebound in leasing activity boosting market sentiment.

Top Stocks by Industry Market Capitalization

Beike rose 0.08%, with a market capitalization of $21.8 billion. Based on recent important news:

  1. On August 13, Beike spent approximately $4 million to repurchase 652,600 shares at a price of $6.09-$6.19 per share, enhancing market confidence and driving stock price up

  2. On August 14th, Shanghai Lianjia and Beike concealed the historical transaction prices of second-hand houses, increasing market information opacity and affecting transaction efficiency.

  3. On August 15th, Temasek Holdings took a position in Beike, indicating that institutional investors are optimistic about its prospects, driving up the stock price