Opendoor is undergoing a significant business shift; there are potential rewards if it succeeds and substantial risks if it fails.Investing is always a balancing act between risk and reward. The problem, of course, is that if you take too much risk with an investment, you could end up with huge losses. This is the investment situation today with Opendoor Technologies (OPEN 10.97%). A new CEO, a shift in the company's business approach, and a significant rise in the share price indicate that Opendoor is only ...

Opendoor's stock has taken off like a rocket ship, leaving the new CEO with a lot to prove.Opendoor Technologies (OPEN -6.92%) received a warning letter from the Nasdaq exchange this May that it would be delisted because its stock price was too low. That set in motion a series of events that have turned the stock into a rocket ship, with the shares up over 1,600% in just the last three months. A big part of the story is the company's hiring of Kaz Nejatian as CEO. What does this really mean for investors?Th ...