Opendoor(US:OPEN) Zhi Tong Cai Jing·2025-09-11 06:37Group 1 - Opendoor Technologies appointed Kaz Nejatian as CEO and Keith Rabois as Chairman, leading to a more than 30% increase in stock price after hours [1][2] - The stock has risen over 14 times since hitting a historical low in June, with a current market capitalization close to $6 billion, up from under $400 million three months ago [2] - The leadership change comes after former CEO Carrie Wheeler resigned under investor pressure, with Rabois and hedge fund manager Eric Jackson publicly criticizing her [1] Group 2 - Kaz Nejatian previously worked at Shopify for six years, where he served as COO and managed the product department [2] - Opendoor went public in 2020 through a special purpose acquisition company, focusing on using technology for buying and selling homes [2]