New York, January 25, 2026, 05:39 EST — Market closed
- Opendoor shares ended Friday at $6.01, slipping roughly 6.4%.
- Volume surged noticeably as investors braced for the Fed’s upcoming rate decision week, especially in rate-sensitive stocks.
- Upcoming catalysts: the Fed decision on Jan. 28 and Opendoor’s earnings report due Feb. 26.
Opendoor Technologies Inc (NASDAQ:OPEN) shares dropped 6.4% on Friday, ending the day at $6.01 after hitting a low of $5.95 earlier. Trading volume surged to around 63.7 million shares, up from about 44.8 million the previous session. (Yahoo Finance)
The decline puts this rate-sensitive, housing-related stock in a tough spot ahead of a packed week for U.S. markets. The Federal Reserve meeting and a flood of corporate earnings are coming up fast. “The earnings bar had better be met,” said Chris Galipeau, senior market strategist at Franklin Templeton. (Reuters)
Mortgage rates remain close to their lowest point in three years, yet they still pack a punch. Last week, the average 30-year fixed-rate mortgage hit 6.09%, according to Freddie Mac on Thursday. (Freddie Mac)
Friday’s session saw mixed results among peers. Zillow Group edged down roughly 0.9%, whereas Rocket Companies dropped close to 2%.
Opendoor, headquartered in Tempe, Arizona, operates an online platform that buys homes directly from sellers and then resells them—known as “iBuying,” or instant buying. The company also provides listing and marketplace services. In 2024, it reported $5.15 billion in revenue alongside a net loss of $392 million, according to Reuters.
The Fed will announce its policy decision at 2 p.m. ET on Wednesday, with Chair Jerome Powell set to hold a press conference at 2:30 p.m., according to the central bank’s schedule. For companies like Opendoor, even minor tweaks in rate language can impact mortgage costs, which directly influence housing demand. (Federal Reserve)
But the flip side is just as real. Rising bond yields and mortgage rates could drag down home sales and stretch resale timelines, putting iBuyers at risk of inventory markdowns and tighter margins.
Opendoor is set to release its fourth-quarter earnings on Feb. 26 after the market closes, according to MarketBeat data. Investors will focus on home purchase figures, resale margins, and guidance for 2026 volumes. (MarketBeat)
Tuesday sees the latest S&P Case-Shiller U.S. home price index drop (release date: Jan. 27), a key measure tracking repeat-sales home prices. It arrives just a day before the Fed decision and might shape housing sentiment for the week. (Stlouisfed)
