Opendoor (OPEN) Stock Is Flying High On Monday: Here's Why Fed News Changes Everything

Opendoor (OPEN) Stock Is Flying High On Monday: Here's Why Fed News Changes Everything

Opendoor shares jumped as traders priced in a higher chance of a December Fed rate cut, a shift that could reduce the company’s floating-rate debt costs and improve margins. Lower rates may also ease the housing lock-in effect, boosting transaction volume and efficiency. The stock closed up nearly 14 at $7.69.


User: Benzinga

Views: 13

Uploaded: 2025-11-25

Duration: 00:46