Opendoor Technologies (OPEN) News Today

Opendoor Technologies Inc. (NASDAQ:OPEN) shares have eased following a recent rally, as investors digest a mix of expansion plans, leadership changes and market commentary.

• Positive Sentiment: Opendoor hit a fresh record high after the Federal Reserve’s interest rate cut and the company’s announcement of expanded U.S. operations sparked strong buying interest. InsiderMonkey Article
• Positive Sentiment: The company confirmed a nationwide roll-out of its iBuying program, aiming to accelerate growth by standardizing home transactions across multiple markets. 247WallSt Article
• Positive Sentiment: Director Eric Chung-Wei Wu bought about $3 million of OPEN stock, reinforcing confidence amid renewed short-squeeze momentum. Invezz Article
• Positive Sentiment: Opendoor plans to broaden its product offerings beyond its core home-buying model, a move that lifted shares by more than 20% on the initial announcement. MSN Article
• Neutral Sentiment: The board granted significant inducement equity awards to new CEO Kaz Nejatian—over 1.5 million RSUs and two performance-based PSU tranches—designed to align his incentives with shareholders. GlobeNewswire Release
• Negative Sentiment: Martin Shkreli publicly confirmed a new short position in OPEN shares and plans a high-profile due-diligence campaign, potentially adding selling pressure. Benzinga Article
• Negative Sentiment: A Seeking Alpha commentary urged investors to “take the way out,” citing valuation and execution risks, which may have sapped some recent momentum. Seeking Alpha Article

Investors will be watching whether the new CEO’s strategic roadmap and nationwide expansion can sustain growth and justify recent equity incentives, while also monitoring potential headwinds from elevated short interest and critical market views.