Why Opendoor Technologies Stock Popped Today

Shares of Opendoor Technologies (NASDAQ: OPEN) were soaring again today as the meme-stock tailwind that has pushed the online home-flipping stock up in recent weeks seemed to gain strength today, even though there was no company-specific news out on the stock. The notion that Opendoor could be the next seems to be picking up steam online in social media forums like X and Reddit, and trading volume in the stock has soared.

As of 1:59 p.m. ET, the stock was up 35.1%.

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Source Fool.com