Opendoor stock rose 9.6% as the president of the NY Federal Reserve hinted at more rate cuts. Opendoor’s business is affected by interest rates, and the company benefits directly from lower rates.

The NY Fed president, John Williams, suggested more rate cuts in the upcoming meeting. Williams is influential in the Federal Open Market Committee (FOMC), which sets interest rates. This news raised hopes for a rate cut in December.

Opendoor operates in a market with innovation potential but is highly impacted by factors like interest rates. The company operates at a loss and relies on debt, making it risky for investors with a low risk tolerance.

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Stock Advisor returns as of November 17, 2025. Johnny Rice has no position in the mentioned stocks, and The Motley Fool has a disclosure policy. “Why Opendoor Technologies Stock Soared 9.6% Today” was originally published by The Motley Fool.

Read more at Yahoo Finance: Why Opendoor Technologies Stock Soared 9.6% Today