Opendoor's Leadership Shakeup: Can Shopify's COO Turn the Tide?
Update: 2025-09-11
Description
Opendoor's stock skyrocketed 55% after Shopify COO Kaz Nejatian was named CEO, signaling a major leadership overhaul aimed at revitalizing the real estate tech company. With co-founder Keith Rabois as new chairman and Eric Wu rejoining the board, can this shakeup turn Opendoor into the AI-first powerhouse it envisions amidst a cooling housing market?
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