New York, Feb 1, 2026, 06:31 (EST) — Market closed.
- Opendoor ended Friday’s session at $5.15, slipping 7.7%
- Company scheduled Feb. 19 results release and a video “Financial Open House”; shareholder Q&A begins Feb. 12
- Goldman Sachs revealed a 0.3% stake in an updated ownership filing
Opendoor Technologies Inc shares dropped 7.7%, closing at $5.15 on Friday. That sets the stage for a potentially volatile Monday for the housing platform’s stock. Throughout the session, the shares fluctuated between $5.06 and $5.60, with roughly 52.8 million shares traded.
Opendoor’s upcoming quarterly report now carries extra weight, coming in under three weeks. Investors will be watching closely for any changes in demand or resale margins amid the rate-driven housing market. The company plans to release its fourth-quarter and full-year results after the close on Feb. 19. Instead of a traditional earnings call, Opendoor will hold a video “Financial Open House.” Shareholders can submit and upvote questions starting Feb. 12 via Robinhood’s Say Technologies. (GlobeNewswire)
Wall Street’s main indexes dropped Friday after Donald Trump nominated Kevin Warsh to replace Jerome Powell as Federal Reserve chair. Investors were also weighing a stronger producer-price report. “Markets are calibrating to Trump’s pick of Kevin Warsh,” said Michael Hans, chief investment officer at Citizens Wealth. (Reuters)
Opendoor’s event on Feb. 19 kicks off at 5 p.m. ET and will be streamed on the company’s investor site, YouTube, and X, with Robinhood also joining the broadcast. Management said it will take a mix of top-voted shareholder questions live, plus some from research analysts.
In a separate update, an amended Schedule 13G filing revealed that Goldman owned around 2.64 million shares of Opendoor, representing about 0.3% of the class as of Dec. 31. The filing noted the shares were held with shared voting and shared dispositive power. (SEC)
Opendoor operates an e-commerce platform focused on residential real estate. Its “Sell to Opendoor” feature allows homeowners to sell their properties straight to the company, which then flips the homes. The company also offers listing services and a marketplace product. (Reuters)
U.S. markets were closed Sunday, so Monday’s open will reveal if OPEN can hold steady after Friday’s slide dropped it near $5. Rate expectations will probably remain the key factor, while appetite for small caps has been shaky.
Opendoor investors will be watching closely for management’s take on transaction volumes, resale spreads, and the pace at which homes are moving through the pipeline. Any hint about the spring selling season is sure to attract attention.
But the model works both ways: rising borrowing costs or falling home prices can squeeze margins, slow sales, and leave Opendoor stuck with inventory for longer periods. This uncertainty tends to overshadow company-specific news, particularly when the overall market is nervous.
Opendoor will kick off its shareholder question period on Feb. 12. Then, on Feb. 19, it plans to release earnings after the market closes and hold a livestream presentation.
