Opendoor Buys HomeBuyer.com to Expand Mortgage and Home Flipping Business
Opendoor acquires HomeBuyer.com to streamline mortgage services and boost home flipping operations across the US real estate market.
Opendoor acquires HomeBuyer.com to streamline mortgage services and boost home flipping operations across the US real estate market.
DE Shaw's 6.4% Opendoor stake sends shares soaring, but it's likely a trading strategy, not a bullish bet.
Opendoor fights back against short sellers with tradable warrants, turning a massive stock loss into a record comeback.
Opendoor shares fell 22% after revealing Q3 revenue dropped 35% to $915M. New CEO Kaz Nejatian announces major shift to AI-powered software platform with return-to-office mandate.
Opendoor named Kaz Nejatian (former Shopify COO) as CEO, with co-founders Keith Rabois (Chairman) and Eric Wu rejoining the board. They're building an AI-first company to simplify home transactions, along with a $40M investment.
Opendoor sees Q2 Adjusted EBITDA profit, but forecasts Q3 decline. Shifts to agent-led, capital-light models due to market. Opendoor aims to leverage its recent meme stock "increased visibility".