The Latest Breaking News from Opendoor

For cryptocurrency investors, the blistering rise of major digital assets has been nothing short of remarkable. Last month, the total market capitalization of all virtual currencies reached nearly $4.2 trillion. However, blockchain enterprises like MARA Holdings Inc (NASDAQ:MARA) have not fared as well. Since the start of this year, MARA…

Opendoor is a meme stock that has increased by 460% in 2025. Moreover, the company has announced plans to reduce its workforce and boost its bottom line.

Rabois said he also wants to bring employees back to the office.

Opendoor's new CEO from Shopify, along with the return of its founders, signals a strategic pivot toward operational excellence and a new era of profitability.

Opendoor Technologies, Inc. (NASDAQ:OPEN) are volatile Monday, coming off huge gains last week that saw the stock rise more than 50%. Despite the massive sentiment driven moves, new chairman Keith Rabois insists that Opendoor is not a meme stock. 

Opendoor Technologies Inc (NASDAQ:OPEN) shares are rallying Monday, continuing a turbulent but bullish trend from last week. The stock is trading higher Monday, building on a five-day gain of over 50% that saw its price climb from around $6 to over $9 per share.

Keith Rabois, Opendoor's chairman, declared war on remote work and DEI, vowing to cut up to 85% of the staff. His return, alongside new CEO Kaz Nejatian, followed a campaign to oust the former chief executive.

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended ringing the register on Opendoor Technologies Inc. (NASDAQ:OPEN). “We don't want to be in a meme stock,” he added.

Eric Jackson, founder of EMJ Capital, has pushed back on comparisons to legendary GameStop Corp. (NYSE:GME) retail investor “Roaring Kitty,” asserting that his conviction in Opendoor Technologies Inc. (NASDAQ:OPEN) stems from fundamental value rather than internet virality.

Hedge fund manager Eric Jackson targets Canadian rapper Drake as a catalyst for Opendoor Technologies Inc. (NASDAQ:OPEN). Jackson filmed promotional videos outside Drake’s Toronto home, urging celebrity investment in the “OPEN Army.”

Returning to the Opendoor Technologies Inc. (NASDAQ:OPEN) board as chairman, Keith Rabois outlined a sweeping plan to slash the workforce and overhaul the company's culture.