Opendoor's Fresh Start: New CEO, Big Stock Jump
Update: 2025-09-11
Description
Opendoor's stock skyrockets 75% after Shopify COO Kaz Nejatian is named CEO, signaling a potential turnaround for the struggling real estate tech platform. Co-founder Keith Rabois becomes board chairman amidst a leadership shakeup designed to refocus the company and capitalize on AI and strategic partnerships, aiming to make homeownership more accessible.
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