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IPOB - Opendoor: A Once-In-A-Lifetime Play On Real Estate Market Transformation
December, 21 2020 05:48 AM
Social Capital Hedosophia Holdings Corp. II Class A
Opendoor has the potential to revolutionize the residential real estate market with its excellent customer experience and talented management team. Its business combination with the SPAC Social Capital Hedosophia II has valued it at 1.0x EV/Sales, while competitors are trading at ~8.8x. Risks around a housing bubble affecting the company's value are greatly overstated. For further details see:
Opendoor: A Once-In-A-Lifetime Play On Real Estate Market Transformation
Stock Information
Company Name:
Social Capital Hedosophia Holdings Corp. II Class A
Stock Symbol:
IPOB
Market:
NYSE
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