Overview

• Shares climbed 3.7% after hours to $4.43 following a 6.2% gain to $4.27 at Thursday's close.
• Interim principal executive officer Shrisha Radhakrishna disclosed purchasing 30,000 shares on Thursday at $4.27 and $4.42, bringing his holdings to about 4.28 million shares.
• The move caps a volatile stretch driven by growing expectations of Federal Reserve rate cuts, including a Tuesday surge of 16.3% that settled at $4.70.
• A technical ceiling near $4.85 continues to attract sellers, repeatedly stalling rallies over the past two years.
• Analysts point to Opendoor’s rate-sensitive iBuying model and a newly touted AI, multi-product roadmap as supports, with leadership in transition following Carrie Wheeler’s resignation.