Opendoor Technologies (OPEN) Stock Tumbles on Warrant Dividend Day as Unsold Homes and Stagnant Housing Market Rattle Investors – November 21, 2025
Opendoor Technologies shares fell 7.9% Thursday to $6.16 and hovered near that level Friday, capping a 24% slide over five sessions. The drop comes as the company distributes a special warrant dividend and faces pressure from stagnant U.S. housing data. Analysts cite risks from billions in unsold homes and thin margins. Hedge fund D.E. Shaw disclosed a 6.4% stake, while Wall Street targets remain below current prices.