Opendoor, meme and stock market
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Opendoor's flawed business model struggles amid rising mortgage rates and housing downturns. Click here to read an analysis of OPEN stock now.
Krispy Kreme (DNUT), Opendoor (OPEN), Rocket Mortgage (RKT) and Kohl’s (KSS) had become the meme stocks of the moment, along with a new moniker from traders — “DORK,” a reference to the first letters of their tickers.
Shares of Opendoor Technologies ( OPEN -10.44%) have caught fire in the last month. Driven by investors posting online about buying the penny stock, it is now up 325%, with most of the gains coming in the past week.
Riding a fresh wave of meme stock mania, Opendoor Technologies Inc. (NASDAQ: OPEN) stock surged 4.55% in after-hours trading on July 24.
The Opendoor stock price has gone parabolic this month, soaring to a multi-month high of $4.91. What next for Open shares?
Opendoor shares surged Monday as retail traders bid up Wall Street’s newest meme stock sensation. Monitor these vital chart levels.
A surge in shares of residential real estate platform Opendoor Technologies has been boosted by the portfolio manager of a small Canada-based hedge fund, Eric Jackson.
Opendoor (OPEN) has become the latest meme stock phenomenon, surging 350% in the past month and 100% since hedge fund manager Eric Jackson began promoting it on social media as a potential “100-bagger.