Opendoor Technologies Stock News

It wasn't too long ago that Opendoor Technologies (OPEN 6.30%) was an extremely popular momentum stock, with a market cap of more than $20 billion at one point. The clear leader in the iBuying industry, Opendoor went public as part of the SPAC boom.

SAN FRANCISCO, June 06, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN) (the “Company,” “Opendoor,” “we,” “our” or “us”), a leading e-commerce platform for residential real estate transactions, filed a preliminary proxy statement. The proxy statement was furnished in connection with the solicitation of proxies by Opendoor's Board of Directors (the “Board”) for use at the Comp...

SAN FRANCISCO, May 19, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN) (the “Company”), a leading e-commerce platform for residential real estate transactions, today announced the completion of its negotiated exchange and subscription agreements (the “Exchange and Subscription Agreements”) with certain holders of the Company's 0.25% Convertible Senior Notes due 2026 (the “202...

The Opendoor stock price has crashed in the past few months and is now hovering near its all-time low. It has become a penny stock trading at $0.7, down by over 98% from its record high.

Shares of Opendoor Technologies (OPEN -23.04%), the leading online home flipper, were falling today after the company said it was refinancing convertible debt and taking on new debt, which seems to confirm that the company is struggling to turn profitable, as we saw in its first-quarter earnings report.

Opendoor Technologies' (OPEN 1.02%) misfortunes continue to deepen as the real estate market remains stuck, with no light showing yet at the end of the tunnel. It's joined the ranks of penny stocks and keeps sliding, down 56% this year alone and trading at dangerously low levels at under $1 per share.

Shares of Opendoor Technologies (OPEN 27.77%) were soaring today after the online home flipper posted better-than-expected results in its first-quarter earnings report.

Opendoor Technologies Inc. (NASDAQ:OPEN ) Q1 2025 Earnings Conference Call May 6, 2025 5:00 PM ET Company Participants Kimberly Niehaus - Investor Relations Carrie Wheeler - Chief Executive Officer Selim Freiha - Chief Financial Officer Conference Call Participants Dae Lee - J.P. Morgan Ygal Arounian - Citigroup Ryan Tomasello - KBW Benjamin Black - Deutsche Bank Operator Good day.