Opendoor shares plunge 22% to $1.40 as firm faces steep losses
The real estate technology company lost more than a fifth of its value in the latest session, extending a year-long decline that has erased most of its market capitalisation.
The real estate technology company lost more than a fifth of its value in the latest session, extending a year-long decline that has erased most of its market c Published 2026-11-09 by Falling Shares.
| By Falling Shares Intelligence, edited by Wung Thomas, Editor-in-Chief
Written by Falling Shares Intelligence, our automated newsroom, from the public sources listed below and live market data. Every figure is checked against that material before publication, but the story has not been reviewed by a human editor. Check the linked sources before relying on it, and report errors to info@fallingshares.com.
Opendoor Technologies Inc shares fell 21.8% on Monday to $1.40, extending a 52-week high of $9.46 by 85.1%. The drop pushed the company’s market capitalisation to $1.30 billion, with volume reaching 67,614,166 shares.
Company-specific factors drive fall
Falling Shares attribution for the latest session attributed -22.3% of the move to company-specific factors, against a market contribution of +0.9% and sector contribution of -0.4%. The S&P 500 rose 0.3% and the US Real Estate sector (XLRE) fell 0.7% in the previous trading session on Friday 2026-11-06.
The stock has fallen 80.6% over the past year, 59.8% over three months, 38.9% over one month, and 22.2% over five days. Falling Shares rates the stock as Unstable, citing an annualised volatility of 83.8% compared to 13.7% for the benchmark. There have been 34 sessions with moves of 5% or more in the past six months.
Technical indicators signal weakness
The share price is 65.8% below the 200-day average, with the 50-day average below the 200-day average, forming a death cross. The 52-week low stands at $1.37. Quote source: Yahoo Finance, retrieved 2026-11-09T08:00:02.817Z.