
US Stock Movement | Opendoor Technologies continues recent upward trend, with stock price rising over 8%

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On Monday, Opendoor Technologies continued its recent upward trend, with the stock rising over 8% to $8.92 at the time of publication. Previously, the company's chairman Keith Rabois stated that the company had become "completely bloated," with Opendoor currently employing 1,400 people. Rabois said, "I don't know what most of them specifically do; we don't need more than 200 people." He pointed out that significant layoffs must be made to align the company with operational goals
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