NEW YORK, Jan 18, 2026, 05:37 EST — Market closed.
- Opendoor shares rose Friday following SRx Health Solutions’ announcement that it acquired the stock.
- The investor kept the size of the position under wraps, prompting traders to hunt for official filings.
- U.S. markets reopen Tuesday following the long weekend, with the rate outlook still driving volatility.
Opendoor Technologies Inc (OPEN.O) shares jumped 5.7% to close at $6.67 on Friday following an investment from SRx Health Solutions in the online homebuying company’s stock. Volume surged to roughly 68 million shares, with the price swinging between $6.32 and $6.92.
This shift is significant as Opendoor has once again become a headline-driven, rate-sensitive stock, with traders eager to pounce on any hint of renewed demand in housing-related shares.
This week feels a bit off. U.S. markets were closed Monday, giving investors an extra day to weigh if Friday’s rally signals a new trend or just a brief, one-day spike.
SRx, listed on NYSE American, said the purchase aligns with its capital allocation strategy to put excess liquidity into publicly traded securities, digital assets, and commodities it considers “undervalued.” The company added it might adjust its Opendoor stake up or down based on market conditions and valuation. Details on the investment size were not disclosed. (GlobeNewswire)
For Opendoor, this is mostly a signal in the short term. The statement didn’t mention any commercial deals, operational collaborations, or a role for SRx beyond being a shareholder.
Other housing-related stocks held steady. Zillow Group ticked up 0.9% on Friday, while Offerpad Solutions, also an iBuyer that purchases and flips homes, gained 0.7%.
Rates continue to hold sway. On Friday, Federal Reserve Vice Chair Philip Jefferson described the current policy stance as “well positioned” to adapt to fresh data, keeping the spotlight on the direction of borrowing costs. (Reuters)
U.S. markets will be shut Monday in observance of Martin Luther King, Jr. Day. The first major market action won’t kick off until trading picks back up on Tuesday. (New York Stock Exchange)
The catalyst, however, comes with some caveats. Since no dollar amount was disclosed, it’s tough to assess how significant SRx’s purchase is for Opendoor’s shareholders. Plus, Opendoor’s model still faces inventory risk if home prices dip or funding costs rise sharply.
Traders are waiting for a filing revealing the size of the stake—U.S. regulations require disclosure once an investor passes the 5% threshold. They’re also looking for Opendoor to confirm its next earnings date. MarketBeat projects the report might drop on Feb. 26 but notes the company hasn’t officially set a date. (MarketBeat)
After Tuesday’s reopening, housing-sensitive stocks will be eyeing the Federal Reserve’s policy meeting on Jan. 27-28. The rate statement is set for Jan. 28 at 2:00 p.m. ET, followed by a press conference half an hour later. (Federalreserve)
