Risk versus reward. That's the name of the game on Wall Street. It is a significant issue to consider when examining Opendoor Technologies ( OPEN 6.95% ) as an investment today. The stock has risen roughly 240% over the past year, and yet it's down around 80% from its all-time highs in 2021.

Is this the sign of an important turnaround for the business, or is the risk still too high for most investors to bother with?

What a difference a CEO makes

The vast majority of Opendoor's price gain this year came after the company announced in September that it had hired a new CEO. Kaz Nejatian was brought in from Shopify at a difficult time for Opendoor. In fact, Opendoor's stock price had declined to the point where it was a penny stock at risk of being delisted .

Just before the

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