Opendoor Technologies Falls to $1.19, Nearing Penny-Stock Territory
As seen on the 24/7 Wall St. homepage on November 13, 2026.
Opendoor marked another 52-week low at $1.19, 3.6% under the low it set just a day earlier. A dollar handle puts the $1.1 billion company a short step from penny-stock status, and 53 ETFs hold it.
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Opendoor Technologies touched $1.19 on November 13, 2026, a second straight record low that signals sustained selling rather than a one-day flush, leaving very little cushion above the $1.00 threshold that conventionally defines penny-stock status.
The decline has compressed market capitalization to roughly $1.1 billion, putting the stock at risk of triggering minimum-price requirements at major exchanges that force index funds and institutional mandates to exit positions regardless of their view on the business.
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With 53 ETFs holding the stock, further forced selling from rules-based funds accelerates the decline, as those outflows hit a share price that already has thin support beneath it.
The stock opened the past year above $8 and has fallen in an almost unbroken series of lower highs and lower lows to $1.19. Whether the $1.00 level holds carries both practical and psychological consequences for a stock already under severe pressure.