Offerpad to Join Russell 2000® and 3000® Index Effective July 1, 2024
Offerpad Solutions Inc. Class A (OPAD)
Company Research
Source: Business Wire
CHANDLER, Ariz.--(BUSINESS WIRE)--Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today that Offerpad is expected to be included in the Russell 2000® and 3000® Indexes effective at the open of U.S. equity markets on July 1, 2024. A preliminary list of index additions, including OPAD, was posted by FTSE Russell on May 24, 2024.“We are pleased to be added to The Russell 2000 and 3000, a leading global index provider. We believe being a part of the index will raise visibility into Offerpad’s real estate platform and our huge market opportunity to a broad range of quality investors,” said Brian Bair, Offerpad’s Chairman and CEO.The Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.5 trillion in assets are benchmarked to or invested in products based on the Russell US Indexes.For more information
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OPAD
News
- Offerpad Announces Participation in the Goldman Sachs Communacopia + Technology ConferenceBusiness Wire
- Downgrade: Here's How Analysts See Offerpad Solutions Inc. (NYSE:OPAD) Performing In The Near Term [Yahoo! Finance]Yahoo! Finance
- In the wake of Offerpad Solutions Inc.'s (NYSE:OPAD) latest US$17m market cap drop, institutional owners may be forced to take severe actions [Yahoo! Finance]Yahoo! Finance
- Offerpad Solutions Inc. (NYSE: OPAD) had its price target lowered by analysts at JMP Securities from $9.00 to $5.50. They now have a "market outperform" rating on the stock.MarketBeat
- Offerpad Solutions Inc. (NYSE: OPAD) was upgraded by analysts at Keefe, Bruyette & Woods from an "underperform" rating to a "market perform" rating.MarketBeat
OPAD
Earnings
- 8/5/24 - Miss
OPAD
Sec Filings
- 9/5/24 - Form 4
- 8/5/24 - Form 10-Q
- 8/5/24 - Form 8-K
- OPAD's page on the SEC website