Shrisha Radhakrishna Purchases 30,000 shares of Opendoor Technologies (OPEN) Common Stock

Opendoor Technologies Inc. (NASDAQ:OPEN) is one of the Best Reddit Stocks to Invest in Now. On August 28, Shrisha Radhakrishna bought 30,000 shares of its common stock on the open market in compliance with the Insider Trading and Trading Windows Policy. Effective August 15, 2025, Opendoor Technologies Inc. (NASDAQ:OPEN)’s Board appointed Shrisha Radhakrishna as President and designated Mr. Radhakrishna as its interim principal executive officer. The company’s stock has been in the headlines over the past few weeks.

On August 1, Opendoor Technologies Inc. (NASDAQ:OPEN) announced that it received written notice from the Nasdaq Stock Market LLC that it had regained compliance with the minimum bid price requirement.  The company had also announced the immediate resignation of its CEO, Carrie Wheeler. In Q2 2025, Opendoor Technologies Inc. (NASDAQ:OPEN) delivered $1.6 billion in revenue and recorded its first quarter of adjusted EBITDA profitability since 2022, despite the deterioration in the broader housing market conditions.

For Q3 2025, the company expects revenue in the range of $800 million – $875 million, and contribution profit of $22 million – $29 million.

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Disclosure: None. This article is originally published at Insider Monkey.