Offerpad warned stock may be delisted

With its stock trading below $1 for over 30 days, Offerpad, the nation’s second largest iBuyer, was warned by the New York Stock Exchange that it was in danger of being delisted from the exchange. The company says it is taking steps to increase its share value, which has plummeted from nearly $7 per share in January to approximately 60 cents in mid-December. IBuying is on trial, and may be on its last legs.