Shares of Opendoor Technologies Inc (OPEN) experienced a significant pre-market plunge of 5.13% on Tuesday, continuing the downward trend from the previous day's trading session. This decline comes in the wake of the company's unexpected decision to postpone its special shareholder meeting, which has raised concerns among investors.

The real estate technology firm, known for its iBuying business model, saw its stock price under pressure as the market reacted to the delay. While the specific reasons for the postponement were not immediately clear, such actions often lead to speculation about potential issues or significant announcements that could impact the company's future. This pre-market drop follows a nearly 8% decline in Opendoor's stock price during Monday's regular trading session, indicating persistent investor caution.

As the market opens, all eyes will be on Opendoor to see if the company provides any further clarification on the postponement and its implications for the business moving forward. The company's ability to address shareholder concerns and provide a clear path forward will likely be crucial in stabilizing its stock price in the coming trading sessions. Investors and analysts will be closely monitoring for any announcements or updates from Opendoor regarding the rescheduled meeting and the reasons behind the delay.