Jan 7, 2026, 08:56 EST — Premarket
Opendoor Technologies Inc shares slipped 0.4% to $6.90 in premarket trading on Wednesday, after notching a 9.65% gain in the prior session.
The move leaves the Nasdaq-listed company on a bumpy path to start the year, and it is once more becoming a familiar stop for retail-fueled trading. The stock is up about 19% across the first three sessions of 2026, and about 73.9 million shares changed hands on Tuesday, according to daily data.
A filing this week said newly named Chief Financial Officer Christy Schwartz received two performance-based restricted stock unit awards totaling 3.39 million shares. RSUs are stock awards that vest over time; these begin vesting on April 15 and include share-price hurdles from an average $6.24 to $33.
In December, Opendoor said it hired Lucas Matheson, previously Coinbase Canada’s chief executive, as president, and after an external search it elevated Schwartz to CFO. “Real estate is one of the last major asset classes that hasn’t been touched by the financial innovation happening everywhere else,” Matheson said at the time. SEC
Early in the session, a couple of close peers were higher as well: Offerpad Solutions climbed 8.6% and Zillow Group added 0.8%.
Macro matters for Opendoor because mortgage rates and housing demand often swing with expectations for U.S. growth and Federal Reserve policy. Private payrolls rose by 41,000 in December, an ADP report showed on Wednesday, as investors waited for more labor-market data.
But this kind of setup cuts both ways. Opendoor operates a rate-sensitive, inventory-heavy model — it buys homes, does light work and resells them — and when funding costs or home prices shift, margins can tighten fast, particularly with the stock already trading on momentum.
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