--- title: "Opendoor (OPEN) And Offerpad (OPAD) Spike In After-Hours Trading: What's Going On?" type: "News" locale: "en" url: "https://longbridge.com/en/news/283594874.md" description: "Opendoor Technologies Inc. (OPEN) shares rose 2.11% to $5.56 in after-hours trading, following a 1.87% gain during regular hours. Trading volume reached 77.04 million shares, significantly above the average. The stock is part of a meme stock trend, with support from positive housing data showing a 1.5% increase in pending home sales. Peers Offerpad Solutions (OPAD) and Zillow Group (ZG) also saw gains. Opendoor has a market cap of $5.22 billion and has increased 486.02% over the past year, indicating strong market performance." datetime: "2026-04-22T03:43:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283594874.md) - [en](https://longbridge.com/en/news/283594874.md) - [zh-HK](https://longbridge.com/zh-HK/news/283594874.md) --- # Opendoor (OPEN) And Offerpad (OPAD) Spike In After-Hours Trading: What's Going On? **Opendoor Technologies Inc. ( OPEN )** shares are trending on Tuesday night. OPEN edged higher in after-hours trading on Tuesday, rising 2.11% to $5.56. The late session surge followed a regular session gain of 1.87% to $5.45, according to Benzinga Pro data. Tuesday’s session saw volume hit 77.04 million shares, which is more than double its 36.19 million average, while short interest sits at an elevated 14.4%. The stock of the California-based technology-enabled real estate company is part of a broader meme stock mania, alongside **Avis Budget Group ( CAR )** and **Lucid Group ( LCID )** , as short sellers face pressure across heavily-shorted names. ## **Housing Data Adds Fundamental Tailwind** Fresh housing data offered further support to the stock. On Tuesday, the **National Association of Realtors** reported pending home sales climbed 1.5% month-over-month in March. **Dr. Lawrence Yun**, NAR Chief Economist, said, "Contract signings rose in March despite higher mortgage rates, pointing to pent-up housing demand." Opendoor ( OPEN ) peers **Offerpad Solutions ( OPAD )** and **Zillow Group ( ZG )** also gained 4.28% and 2.38% in after-hours trading, respectively, reflecting broad strength in the digital real estate sector. ## Trading Metrics, Technical Analysis Opendoor ( OPEN ) has a market capitalization of $5.22 billion, with a 52-week high of $10.87 and a 52-week low of $0.51. The Relative Strength Index (RSI) of OPEN stands at 62.02. The mid-cap stock has gained 486.02% over the past 12 months. Opendoor ( OPEN ) is trading at about 48% of its 52-week range. **Benzinga's Edge Stock Rankings** indicate that OPEN is experiencing mid-term consolidation along with long and short-term upward movement.
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