Read This Before Buying Opendoor Stock
Opendoor Technologies (NASDAQ: OPEN) has been one of the most surprising stories in the stock market this year.
The struggling online home flipper caught fire in July in a meme stock rally that began when an argument that Opendoor could be the next Carvana attracted attention on social media sites like Reddit and X, and investors engineered a short squeeze.
The stock jumped as much as 2,000% from its bottom in late June to its peak in September, as the rally culminated with Opendoor naming a new CEO, Kaz Nejatian, the former COO of , and two of Opendoor's cofounders rejoined the board.
Source Fool.com
