RTTNews | Jan 12, 2022 10:38AM EST

10:38 Wednesday, January 12, 2022 (RTTNews.com) - Shares of Opendoor Technologies Inc. (OPEN) are gaining over 5% on Wednesday morning despite no stock-related news to drive the shares.

OPEN is currently trading at $12.50, up $0.61 or 5.13%, on the Nasdaq. The stock has traded between $10.56 and $39.24 in the past 52-week period.

Opendoor Technologies operates a digital platform for residential real estate in the United States. Its platform enables consumers to buy and sell a home online. The company was founded in 2014 and is based in Tempe, Arizona.

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