Opendoor stock pops after Trump targets big homebuyers as CEO insists firm “doesn’t hold the homes”
NEW YORK, Jan 8, 2026, 18:11 EST Opendoor Technologies shares rose Thursday after CEO Kaz Nejatian dismissed worries from investors over President Donald Trump’s plan to crack down on large institutional homebuyers. “We’re not institutional investors … We don’t hold the homes!” Nejatian insisted. https://www.tradingview.com/news/stockstory:ea2657819094b:0-opendoor-open-shares-skyrocket-what-you-need-to-know/ The rebound is significant because Trump’s housing message has already started shifting investments within the sector, even though Washington has provided few details. Trump said he was “immediately taking steps” to stop large institutions from buying more single-family homes and called on Congress to make the ban official, adding: “People live in homes, not corporations.”
