Opendoor Stock Rallies On New CEO, Founders Rabois And Wu Return To Board To 'Inject Founder DNA'

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 ...