🟢 OPEN is trading 3.7% up today amid renewed attention on single-family housing policy risk

OPEN is trading 3.7% up now at $6.34 as traders reassess policy risk stemming from President Trump’s proposed ban on large institutional buyers of single-family homes.

• The move represents a partial recovery following yesterday’s sharp 11.7% drop.
• The price action appears to be a stock-specific bounce rather than an index-driven move, given the broader market is slightly lower.
• The current price action is interpreted as a partial recovery from a policy-shock selloff, absent fresh company news.