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Why Opendoor Technologies Stock Is Soaring Today


Opendoor (NASDAQ: OPEN) stock is seeing substantial gains in Thursday's trading. The iBuying real estate company's share price was up 4.1% as of 1 p.m. ET and had been up as much as 11.7% earlier in the session.

After big sell-offs in Tuesday's and Wednesday's daily sessions, Opendoor stock is seeing some recovery momentum in today's trading. While there are no clear-cut, business-specific catalysts behind the move, there are a couple of factors that could be playing a role in the company's gains today.

Image source: Getty Images.

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Source Fool.com

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