Opendoor stock drifts in premarket after CPI keeps rate path in focus (OPEN)
New York, January 13, 2026, 09:09 EST — Premarket update Opendoor Technologies shares slipped 3.5% to $7.02 in premarket Tuesday, deepening the slide before the open. Why it matters now: Opendoor’s performance hinges on housing demand and financing conditions, with its stock often reflecting changes in rate expectations. Investors look to inflation data to anticipate the Fed’s next move—and the potential impact on mortgage rates and home sales. U.S. consumer prices climbed as anticipated in December, leaving markets fixed on the Fed’s likely decision to keep rates steady at 3.50%-3.75% during its Jan. 27-28 meeting. Core CPI, which excludes food