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Opendoor stock pops 10% as CEO resigns following investor pressure campaign

Opendoor CEO Carrie Wheeler said on Friday that she's resigning following "weeks of intense outside interest" in the online real estate company.

What are the potential long‑term implications for Opendoor's valuation and competitive position? Will the board's composition or governance practices change as a result of investor pressure? How might the leadership transition affect Opendoor's liquidity, cash burn, or capital‑raising plans?

6 days ago

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