Opendoor(OPEN)
Search documents
Why Opendoor's New Strategy Won't Work - Strong Sell (NASDAQ:OPEN)
Seeking Alpha· 2025-09-10 23:41
Opendoor Technologies Inc. (NASDAQ: OPEN ) shares are up Monday morning, about 4.5% in pre-market. The stock has been on quite a run this summer, up 454% on the 6-month chart. However, many investors and analysts alike are worried aboutI’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. ...
Opendoor taps new CEO and names Keith Rabois chairman, boosting stock 30%
CNBC· 2025-09-10 22:50
Core Insights - Opendoor has appointed Kaz Nejatian as CEO and Keith Rabois as chairman, leading to a 30% increase in stock price during after-hours trading, with the stock up over fifteenfold since its record low in June [1][3] Company Developments - Kaz Nejatian, formerly of Shopify, will take over as CEO, while co-founder Keith Rabois steps in as chairman; Eric Wu, the first CEO, is rejoining the board [2][4] - The leadership changes follow the resignation of Carrie Wheeler as CEO amid investor pressure, with Rabois and Eric Jackson being vocal critics of her tenure [2] Market Performance - Opendoor faced potential delisting from Nasdaq in May due to a stock price below $1, but has since gained significant retail investor interest, achieving "meme stock" status [3] - The company's market capitalization has surged to nearly $6 billion, up from less than $400 million in just three months [3]
Opendoor Stock Rallies On New CEO, Founders Rabois And Wu Return To Board To 'Inject Founder DNA'
Benzinga· 2025-09-10 22:32
Opendoor Technologies, Inc. OPEN stock climbed in Wednesday’s extended trading after the company announced that Kaz Nejatian, COO of Shopify, Inc. SHOP, was appointed chief executive officer and that co-founders Keith Rabois and Eric Wu are returning to the board of directors. “Founder DNA” Investors cheered the new CEO and return of co-founders Rabois and Wu.Rabois will assume the role of chairman of the board, and Eric Feder will continue in his role as lead independent director.Read Next: Oracle Stock Ro ...
Opendoor Names Kaz Nejatian as CEO; Founders Rabois and Wu Rejoin Board
Globenewswire· 2025-09-10 21:30
Nejatian, Chief Operating Officer of Shopify, to Lead Company’s Next Chapter as AI-Powered Real Estate PlatformKeith Rabois and Eric Wu Bring Back Founder DNA to Company with Rabois Appointed ChairmanKhosla Ventures and Wu Investing $40 Million in PIPE Financing SAN FRANCISCO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN) today announced that Kaz Nejatian, Chief Operating Officer of Shopify, has been appointed Chief Executive Officer and member of the Board of Directors. Co-Fo ...
The New Shareholder Activism At Play With Opendoor Technologies (NASDAQ:OPEN)
Seeking Alpha· 2025-09-10 20:07
Our Growth Investor Pro service is one of the most highly-respected and most popular services on all of Seeking Alpha. Just $99 to try it for a month. You can learn all about it here including the wall of 5-star reviews we've received in bear and bull markets alike.DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Nothing in this note is intended to be investment advice and nor should itAlex runs the investin ...
The New Shareholder Activism At Play With Opendoor Technologies
Seeking Alpha· 2025-09-10 20:07
Group 1 - The Growth Investor Pro service is highly respected and popular on Seeking Alpha, available for a trial at $99 for one month [1] - The service includes features such as weekly webinars, real-time trade alerts, a community chatroom, and access to stock ratings and charts [1] Group 2 - The analyst has a beneficial long position in OPEN shares through various means [2] - The article expresses the analyst's personal opinions and is not compensated beyond Seeking Alpha [2] - Seeking Alpha does not provide investment advice and the views expressed may not reflect the platform's overall stance [2]
Can Artificial Intelligence (AI) Help Turn Opendoor's Business Around?
The Motley Fool· 2025-09-10 08:45
Opendoor's new interim leader is looking to artificial intelligence to help improve the company's operations.Artificial intelligence (AI) has been transforming businesses across the globe and across all sectors of the economy. While it may not necessarily fix a broken business, it can help add efficiency, unlock new growth opportunities, and drive down costs. Those are all things that Opendoor Technologies (OPEN 1.08%) could benefit from. Many investors and analysts see the iBuying company as nothing more t ...
OPEN Stock Soars 171% in a Month: Time to Cash Out or Stay In?
ZACKS· 2025-09-09 18:56
Key Takeaways Opendoor shares jumped a whopping 171% in a month, closing at $6.04, far above the 52-week low of $0.51. The company is diversifying beyond cash offers with agent tools and new products like Cash Plus. OPEN guides a y/y Q3 revenue decline of 43%, with margin pressure from older, lower-margin homes. Shares of Opendoor Technologies Inc. ((OPEN) have skyrocketed 171% in the past month, compared with the industry and the S&P 500’s rallies of 0.8% and 2.5%. On Monday, the stock closed at $6.04, bel ...
Opendoor's stock flashes ‘bearish engulfing' chart pattern. Is the rally over?
MarketWatch· 2025-09-08 22:31
Group 1 - The market experienced a rally to new highs, indicating strong bullish sentiment among investors [1] - This rally was followed by a sharp intraday reversal, leading to a lower close, which may suggest a potential market top has been reached [1]
Why Opendoor Technologies Stock Jumped but Then Dropped Today
Yahoo Finance· 2025-09-08 17:51
Key Points Opendoor's stock fluctuations Monday show why it's a risky bet for investors. Traders, on the other hand, are obsessed with it. A social media campaign to bring back an Opendoor co-founder is driving trading volume. 10 stocks we like better than Opendoor Technologies › Opendoor Technologies (NASDAQ: OPEN) stock popped by as much as 10% Monday morning. The stock remains highly volatile, and its next move showed investors why it's a risky bet. Shares lost all of those gains and more in he ...