Reported about 10 hours ago
Opendoor Technologies saw its shares rise 10% following the announcement that CEO Carrie Wheeler will step down immediately, with chief technology officer Shrisha Radhakrishna stepping in as interim leader. Despite previously struggling with profitability, Opendoor's stock has surged over 200% in recent weeks, driven by retail investors and pressure for leadership change from shareholders. The company has seen challenges since going public in 2020 and is now actively searching for a new CEO.
Source: YAHOO