About Opendoor Technologies Inc - Common Stock (OPEN)
Opendoor Technologies Inc is a real estate technology company that simplifies the process of buying and selling homes. By leveraging advanced algorithms and data analytics, Opendoor allows homeowners to receive instant offers for their properties, facilitating a quick and hassle-free selling experience. The company also provides a platform for homebuyers to easily explore and purchase homes, offering services that streamline transactions, financing, and renovations. By integrating technology into the real estate market, Opendoor aims to make the process more accessible and efficient for both sellers and buyers. Read More
The 2025 investing comeback story saw Chamath Palihapitiya's ex-SPAC trio of SoFi, Opendoor, and MP Materials outperform even Nvidia. Retail traders and ETFs, like ARKF, REMX, and VTWO, are beneficiaries of their unexpected resurgence.
Shares of Opendoor Technologies Inc. (NASDAQ: OPEN) are trading higher Monday as the stock continues to ride momentum fueled by retail investor interest and broader sector movement.
Wondering how the US markets performed one hour before the close of the markets on Monday? Discover the movers and shakers of today's session in our comprehensive analysis.
Shares of technology real estate company Opendoor (NASDAQ:OPEN)
jumped 80.1% in the afternoon session after a social media post from an influential investor predicting a strong turnaround. The stock remained a favorite among retail traders, with mentions soaring on platforms like Reddit's WallStreetBets and X, turning it into a so-called "meme stock." Investor Eric Jackson, known for a successful early call on Carvana, fueled the rally by suggesting a significant upside for Opendoor, citing cost reductions and improving margins. This enthusiasm led to a surge in trading volume and a classic "short squeeze," where investors betting against the stock are forced to buy shares to cover their positions, further driving up the price.
As we await the opening of the US market on Monday, let's delve into the pre-market session and discover the top gainers and losers shaping the early market sentiment.
The regular session of the US market on Friday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
Wondering how the US markets performed one hour before the close of the markets on Friday? Discover the movers and shakers of today's session in our comprehensive analysis.
