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Why Opendoor Technologies Stock Skyrocketed Last Week


Opendoor Technologies (NASDAQ: OPEN) stock continued to surge higher over the last week of trading. The iBuyer real estate company's share price jumped 49.4% higher compared to where it stood at the end of the previous week.

Opendoor's valuation saw strong bullish momentum over the past week of trading due to new comments from EMJ Capital founder and president Eric Jackson -- the real estate specialist's most high-profile bullish advocate. The meme stock also got a significant boost from the latest U.S. jobs report.

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Source Fool.com

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