🔴 Opendoor Technologies is trading 5.3% down today after CEO said Adjusted Net Income break-even remains unreached

Opendoor Technologies is trading at $2.84 (-5.30%) after CEO Kaz Nejatian said on September 10, 2026, that the company has not reached Adjusted Net Income break-even.

• A late-August housing downturn pushed the expected adjusted EBITDA profitability window back approximately six to eight weeks, although third-quarter revenue is expected to rise 10%-15%.
• Broader weakness also contributed, with the S&P 500 down 0.49% and Nasdaq down 0.80%, but the delayed milestone is the clearer company-specific catalyst.