Shares of Opendoor Technologies Inc. (OPEN) experienced a significant drop in pre-market trading on November 21, 2025, following an already steep decline in the previous session. The stock is currently trading at $5.97, down another 3.08% as investors react to sluggish housing market conditions and recent insider selling. Opendoor, which operates in the digital real estate market, is facing challenges stemming from stagnant home sales and high inventory levels, adding to existing concerns about its profitability. The company’s business model relies on rapid inventory turnover, but with buyer demand slowing and the market largely at a standstill, Opendoor finds itself burdened with unsold properties, increasing operating expenses. This situation, compounded by recent CFO Christina Schwartz’s sizable stock sale ($583,000) as part of her mandatory stock compensation program, further fueled investor anxiety. With analysts predicting a significant drop in share price and market capitalization, the company is facing a challenging period as it navigates these operational headwinds.