RTTNews | Oct 4, 2021 11:15AM EDT

11:15 Monday, October 4, 2021 (RTTNews.com) - Arizona-based real estate solutions company, Offerpad Solutions Inc. (OPAD), is down 14% despite the company not reporting any stock-specific news to affect the shares.

The company announced on Monday that the company has started its business in Columbus, Ohio. This is reportedly the fourth territory for the tech-based property dealership in the Mid-west. The company now has its footprint in 21 markets and 1500 cities in the United States.

In 2021 alone the company has added seven cities like Denver, Nashville, Indianapolis, Kansas City, St. Louis, and Columbia, South Carolina to its business. However, since marking its all-time high on September 13, the stock has continued to drop.

The shares are currently trading hands at $7.31, down $1.14 or 13.52% since the previous close at $8.45. The stock opened at $7.73 in the morning. In the 52-week period, the shares have ranged between $6.80 and $20.97 per share.

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