Why Opendoor Technologies Stock Popped Today
Shares of Opendoor Technologies (NASDAQ: OPEN) were among the rare winners today as the meme stock jumped on the weaker-than-expected employment report.
While that might sound contradictory, stocks with exposure to the housing market mostly posted gains today as investors see the disappointing jobs growth over the last three months as evidence that the Fed could finally lower interest rates at its next meeting in September.
Opendoor stock finished the session up 14.2%.
Source Fool.com
