Opendoor, Meme Stocks
Digest more
1d
Stocktwits on MSNIs Opendoor The Next GameStop? Penny Stock Triples In A Week, Retail Frenzy Takes HoldOpendoor Technologies (OPEN) shares soared as much as 121% during intraday trading before closing up 42.6% on Monday, as retail investors drove a meme stock-style rally sparked by upbeat remarks from an investor last week.
Opendoor Technologies' recent rally is driven by meme stock dynamics and short interest, not just fundamentals. Click here to find out why OPEN stock is a Hold.
TheStreet. GameStop has been a dying business for more than a decade. Once it became viable to download video games directly to your device, the retail chain began its slow march to irrelevancy. Stock prices,
As the stock market pushes into record territory and some companies trade at lofty levels, investors are once again looking for bargains among some of Wall Street's beaten down companies.
Opendoor stock took off last Monday after Eric Jackson, founder of EMJ Capital, announced his firm had taken a position in the company and said the stock “could be a 100-bagger over the next few years.” The term refers to stocks that return $100 for every $1 invested.
Opendoor Technologies Inc., a purveyor of residential real estate, has sextupled thus far in July with little news to justify the surge. Investors left the company for dead a few years ago when the housing market froze up,
Opendoor’s remarkable transformation from a sub-$1 stock to a $2.60 premarket sensation tells a story of dramatic volatility and speculative excess. The company went public via SPAC in December 2020,
Open stock surges 200% amid meme-fueled frenzy, but analysts warn of risky fundamentals and uncertain outlook.