NASDAQ:OPEN 8 July 2026 - 6 August 2026

Opendoor shares fell on Wednesday, indicating that improved unit economics were insufficient to offset the impact of increased inventory. The stock erased its gains following results, despite reporting a smaller adjusted EBITDA loss.

Opendoor said weekly acquisition contracts rose 12%, according to its most recent operating update. The figures cover the week to July 18.

Opendoor Technologies Inc. was set to open down on Wednesday, as an 11-month peak in mortgage rates overshadowed a 12% weekly increase in initial home-acquisition contracts. U.S. cash markets stayed closed.

Opendoor Technologies Inc. jumped 11.1% to $5.32 in late-morning trading on Thursday, adding about $510 million in market value — the stock price times shares outstanding — as buyers paid up for a housing-tech turnaround that still has to prove it can scale profitably. Trading volume topped 44.6 million shares by about 11:55 a.m. EDT.