The real estate market has been showing signs of thawing recently, and Eric Jackson thinks US housing could be on the cusp of a new chapter. The founder of hedge fund EMJ Capital, Jackson is known for igniting a rally in Opendoor Technologies stock in July that has lifted the share price from $0.53 per…
The rise of Opendoor Technologies was the biggest story in retail-trader circles over the summer. Since the start of July when hedge fund founder Eric Jackson posted his bullish outlook, shares of the online real estate company have surged more than 1,600%, rising from less than $1 per share to a high of $10.28 on…
Opendoor Technologies Inc. (NASDAQ:OPEN) is one of the stocks on Jim Cramer’s radar. A caller discussed viewing the stock as a speculative position, noting its drop from $4 to around $0.50 before rebounding to $1.71 and going up amid rumors of a business model shift and executive changes. Cramer commented, “Then you’re going to ring…
The animal spirits were running high at a meet-up for retail investors in New York City last Friday. As I walked into the Independent Investor Summit in midtown Manhattan on September 12, I wasn’t sure what to expect. The crowd included people donning everything from signature hedge fund vests to bitcoin T-shirts that looked homemade….
Opendoor Technologies, Inc. (NASDAQ:OPEN) are volatile Monday, coming off huge gains last week that saw the stock rise more than 50%. Despite the massive sentiment driven moves, new chairman Keith Rabois insists that Opendoor is not a meme stock. In a CNBC interview on Friday, Rabois said that Opendoor is not a meme stock and…
Opendoor (OPEN) stock jumped more than 55% shortly after Thursday’s opening bell on news that the company has hired Shopify’s chief operating officer as the real estate platform’s new chief executive. The company announced Wednesday night that Shopify (SHOP) COO Kaz Nejatian will join the beleaguered iBuyer as CEO, stepping in to replace the hole…
Shares of technology real estate company Opendoor (NASDAQ:OPEN) fell 7.5% in the afternoon session after it entered a correction following a period of massive, speculative gains. The decline follows an extraordinary surge that saw the stock gain over 900% in the last three months, fueled by what some have described as “meme-stock mania.” This rapid…
Shares of technology real estate company Opendoor (NASDAQ:OPEN) jumped 6.9% in the morning session after buying from retail investors and a high level of short interest, creating volatility. The real estate platform has become a favorite among individual traders, who recently poured approximately $97 million into the stock, according to a JP Morgan report. This…
Since reporting the second quarter of 2025 earnings, Opendoor Technologies Inc. OPEN has trended upward 30.9% to date, outperforming the Zacks Internet – Software industry, the Zacks Computer and Technology sector and the S&P 500 index. Zacks Investment Research Image Source: Zacks Investment Research During the second quarter, the company reported an adjusted loss per…
(Reuters) -Shares of retail favorites Opendoor Technologies (OPEN) and Kohl’s (KSS) resumed their rally on Thursday, fueled by continued meme stock euphoria and broader markets hitting record highs. Opendoor Technologies, an e-commerce platform for residential real estate, rose 19% to $2.73, adding to its more than 400% surge in July. Bullish posts last week on…