Opendoor Technologies Inc.

Mr. David  Corns

Chief Marketing Officer

Ms. Christina  Schwartz

Interim Chief Financial Officer

Ms. Kimberly  Niehaus

Investor Relations Officer

Ms. Carrie A. Wheeler

Chief Executive Officer & Director

Ms. Sydney  Schaub

Chief Legal Officer & Secretary

Ms. Megan Meyer Toolson

President of Sell Direct & Services

Mr. Chung Wei Wu

Co-Founder & Advisor to the Board

Ms. Amelia  Generalis

Chief People Officer

Ms. Julie Marie Todaro

Strategic Advisor

Opendoor Technologies Inc. operates a digital platform for residential real estate in the United States. The company's platform enables consumers to buy and sell a home online. It also provides title insurance and escrow services. Opendoor Technologies Inc. was incorporated in 2013 and is based in Tempe, Arizona.

OPEN's underwhelming FQ3'24 guidance has triggered its stock underperformance compared to its peers/wider market, despite the potential tailwinds from the Fed's recent pivot. Even so, the US average mortgage rates have been moderating, with RDFN already reporting a +68% MoM in mortgage-rate locks by September 23, 2024. Combined with the higher mortgage-purchase applications, we believe that OPEN may generate a robust FY2025 performance, if not earlier by FQ4'24.

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Alphabet Inc. and eBay vet named Chief Financial Officer LegalZoom and Intuit vet named Chief Technology & Product Officer SAN FRANCISCO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), the leading e-commerce platform for residential real estate transactions, today announced the appointments of Selim Freiha as Chief Financial Officer and Shrisha Radhakrishna as Chief Technology & Product Officer. “The addition of Selim and Shrisha to our executive team will be instrumental as we continue shaping the future of real estate,” said Carrie Wheeler, CEO of Opendoor.

Opendoor Appoints Selim Freiha as Chief Financial Officer and Shrisha Radhakrishna as Chief Technology & Product Officer

U.S. equity markets gained for a third-straight week while short-term interest rates declined to two-year lows as "Goldilocks" economic data provided a backdrop of support for dovish Fed policy. Following combined gains of 5% over the prior two weeks, the S&P 500 gained another 0.6% this week, notching another series of all-time highs. Real estate equities - the most "Fed sensitive" market segment - underperformed for a second week following a significant two-month rally heading into the Fed's rate cut announcement.

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Opendoor Technologies Inc.OPEN

Opendoor Technologies Inc.
OPEN