Opendoor stock slips in premarket after Thursday pop as rates and inflation data loom
Opendoor Technologies shares fell 1.1% to $5.35 in premarket trading Friday after an 8.6% surge the previous session. Investors are reacting to the company’s “Opendoor 2.0” strategy and recent fourth-quarter results. Mortgage rates dropped to 5.98%, their lowest since September 2022, while traders await U.S. inflation data due later Friday.