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Is Opendoor Stock a Millionaire Maker?

TheMotleyFool

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Opendoor (NASDAQ: OPEN), the leading instant buyer (iBuyer) of homes in America, saw its stock close at a record low of $0.51 per share on June 25. At the time, its stock was in danger of being delisted from the as stubbornly high mortgage rates throttled the housing market's recovery.

But today, Opendoor's stock trades at about $7. Let's see why it skyrocketed over the past five months, and if it might generate millionaire-maker gains over the next few years.

Image source: Getty Images.

Source Fool.com

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