Opendoor stock today: Shares slide to $6 as traders brace for housing data and Fed minutes

Opendoor stock today: Shares slide to $6 as traders brace for housing data and Fed minutes

NEW YORK, December 29, 2025, 02:33 ET — Market closed

  • Opendoor shares last closed down 4.3% at $6.01 on Friday. 1
  • U.S. pending home sales data due at 10 a.m. ET Monday puts housing-related stocks in focus. 2
  • Fed meeting minutes on Tuesday are the next big test for rate-cut expectations into 2026. 3

Opendoor Technologies Inc shares closed down 4.3% at $6.01 on Friday, their latest available finish ahead of Monday’s reopening in U.S. equities. 1

The move matters now because investors head into the final sessions of 2025 with interest-rate expectations back in the driver’s seat, a key swing factor for housing demand and housing-linked stocks. 3

A fresh read on U.S. housing demand arrives Monday when the National Association of Realtors releases its pending home sales index for November at 10 a.m. ET. 2

Opendoor, which buys and sells homes online, tends to trade as a high-beta proxy for housing sentiment because its business is exposed to home prices, demand and financing conditions.

Pending home sales track signed contracts to buy existing homes, making it a forward-looking gauge for closings a month or two later. 2

The stock traded between $5.98 and $6.24 on Friday and saw about 47.3 million shares change hands, according to the company’s stock quote data. 4

Market participants are also bracing for the distortions that come with year-end positioning and light volumes, which can exaggerate price swings, a Reuters report on the week ahead noted. 3

“Handicapping how many rate cuts we’re going to get next year is a big thing markets are focused on right now,” Michael Reynolds, vice president of investment strategy at Glenmede, said in that report. 3

In the broader housing trade, iBuyer rival Offerpad Solutions closed down 4.5% on Friday at $1.28, while mortgage lender Rocket Companies finished little changed at $19.44. 5

Traders will also watch Tuesday’s Fed minutes for details of the December meeting debate, and the S&P Case-Shiller home price index the same day for another read on housing conditions. 6

Before the next session, the first key timestamp is Monday’s 10 a.m. ET pending home sales release, which can move mortgage-sensitive names if it shifts expectations for spring demand. 2

Tuesday’s Fed minutes are the week’s main policy catalyst; investors will look for clues on how officials weighed inflation and growth as markets debate the pace of 2026 rate cuts. 3

Opendoor’s next quarterly results are expected on Feb. 26, according to Zacks Investment Research, leaving macro and rates as the main near-term drivers for the stock. 7

From a tape-watching standpoint, traders have focused on whether the stock holds the $6 level after Friday’s dip to $5.98, with $6.28 — the prior close — a nearby marker overhead. 1

Sources: Opendoor price data; National Association of Realtors release schedule; Reuters week-ahead markets report; Investopedia economic calendar. 4

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