---
title: "U.S. stock market midday update: Opendoor Tech down 9.67%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258407017.md"
description: "Opendoor Tech fell 9.67%; Compass fell 15.48%, with a transaction volume of USD 316 million; Zillow-C fell 6.77%, with a transaction volume of USD 313 million; Anywhere Real Estate rose 48.87%, with a transaction volume of USD 306 million; CBRE Group fell 0.99%, with a market value of USD 47.6 billion"
datetime: "2025-09-22T19:37:33.000Z"
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  - [en](https://longbridge.com/en/news/258407017.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258407017.md)
---

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# U.S. stock market midday update: Opendoor Tech down 9.67%

**U.S. Stock Market Midday Update**

Opendoor Tech fell 9.67%. According to recent key news:

1.  On September 22, renowned hedge fund manager George Noble criticized Opendoor Technologies, stating that its stock price had surged 1776% since the end of June, raising concerns about its overvaluation and leading to a decline in stock price.
    
2.  On September 22, Opendoor was quickly regarded as a popular "meme stock," with heightened market speculation, but this also exacerbated stock price volatility.
    
3.  On September 12, Citigroup analyst Ygal Arounian rated Opendoor as "sell," despite J.P. Morgan maintaining a "buy" rating on September 10, which intensified market divergence regarding its outlook and contributed to stock price instability. Tech stocks experienced increased volatility, with heightened speculative sentiment.
    

**Top Stocks by Industry Trading Volume**

Zillow-C fell 6.77%, with a trading volume of $313 million. According to recent key news:

1.  On September 22, Zillow was accused of hiding listings and limiting consumer choices. This case was filed in the U.S. District Court for the Western District of Washington, leading to market concerns about the company's outlook and a decline in stock price.
    
2.  On September 22, Zillow was sued by CoStar, the owner of Homes.com, for large-scale copyright infringement. This lawsuit increased the company's legal risks, further pressuring the stock price.
    
3.  On September 22, Compass sued Zillow in the Manhattan federal court, accusing it of restricting competition for listings. Zillow denied the allegations, but market sentiment was dampened, putting pressure on the stock price. The real estate industry faces legal risks, and market sentiment remains cautious.
    

Anywhere Real Estate rose 48.87%. According to recent important news:

1.  On September 22, Anywhere Real Estate announced a merger with Compass to create a $10 billion platform. This news drove the stock price up significantly by 48.87%.
    
2.  On September 22, JP Morgan set a target price of $10 per share for Anywhere Real Estate, further boosting market confidence.
    
3.  On September 22, the merger deal received unanimous approval from the boards of both companies, expected to be completed in the second half of 2026, increasing market expectations for future growth. The real estate industry is accelerating consolidation, and market volatility is intensifying.
    

**Top Stocks by Industry Market Capitalization**

CBRE Group fell 0.99%, with a market capitalization of $47.6 billion and increased trading volume. According to recent key news:

1.  On September 20, CBRE Group reported an annualized return of 28.94% over the past five years, outperforming the market by 14.04%. Its current market capitalization is $49.31 billion Despite strong long-term performance, short-term market sentiment fluctuations have led to a decline in stock prices.
    
2.  On September 20, if investors had purchased $1,000 worth of CBRE Group stock five years ago, it would be worth $3,530.46 today. Although the long-term returns are significant, recent market volatility has affected stock performance.
    
3.  No other significant news. Market sentiment fluctuates, with strong long-term performance

### Related Stocks

- [Opendoor Technologies Inc. (OPEN.US)](https://longbridge.com/en/quote/OPEN.US.md)

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