Opendoor's Meme Stock Mania Gets Comedic Twist - Opendoor Technologies (NASDAQ:OPEN)
Opendoor Technologies stock surged 170% last month as retail investors and social media buzz around comedian Schneider fueled optimism amid expected Federal Reserve rate cuts.
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Opendoor is being hailed as the next GameStop as investors flock to the hottest meme stock around
illustration by Cheng Xin/Getty ImagesOpendoor Technologies emerged as a darling among retail traders this summer.The digital real estate company surged after a bullish thesis from a hedge fund manager.Its parabolic move higher and the buzz from the retail crowd are reminiscent of GameStop's 2021 rally.A little-known stock pumped up by superfans on the internet might sound like the stuff of 2021, but this year has had its share of meme stock mad…
Why Opendoor Technologies Stock Skyrocketed Last Week @themotleyfool #stocks $OPEN
Key PointsContinued support from EMJ Capital founder and president Eric Jackson has helped push Opendoor stock even higher. Jackson's bullish stance on Opendoor has helped power incredible gains for the stock this year. Opendoor stock also got a boost from the Bureau of Labor Statistics' August jobs report. 10 stocks we like better than Opendoor Technologies › Opendoor Technologies (NASDAQ: OPEN) stock continued to surge higher over the last wee…
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