BUZZ-Opendoor extends slide after a top holder offloaded $95 mln worth of shares
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Opendoor Technologies' shares fell 7.3% to $7.77 after Access Industries sold approximately 11.4 million shares for $95.2 million. This follows a previous drop of over 12%. Access, now holding about 31.3 million shares, is the third-largest shareholder. Despite the recent decline, Opendoor's shares have surged approximately 1,300% over the past three months, following the appointment of new CEO Kaz Nejatian and the return of co-founders to the board.
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