Opendoor shares soar as Shopify exec named CEO, founders return
Opendoor shares jumped 40% after-hours as Shopify COO Kaz Nejatian was appointed CEO, while co-founders Keith Rabois and Eric Wu rejoined the board. Rabois will serve as chair, calling Nejatian the right leader to make Opendoor "AI-first". The move marks a win for retail investors who pushed for change.