
Opendoor Technologies Inc. (NASDAQ:OPEN) shares are trading higher Friday after CEO Carrie Wheeler stepped down, a move that drew strong reactions from both institutional and retail investors.
What To Know: Chief Technology and Product Officer Shrisha Radhakrishna has been appointed as president and interim CEO while the board, with the help of executive search firm Spencer Stuart, conducts a formal search for a permanent replacement. Wheeler will remain as an advisor through year-end to aid the transition.