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-0.00181632783124085 -0.00305907845261624 -0.00101969281753875 -0.00261296284494296 -0.00181632783124085 0.00615002230578034 0.0133197374290994 0.0133197374290994
Stock impact report

Is OpenDoor Yesterday's News? [Yahoo! Finance]

Opendoor Technologies Inc (OPEN) 
Company Research Source: Yahoo! Finance
The company seems likely to struggle as long as the housing market is weak. 10 stocks we like better than Opendoor Technologies › Opendoor Technologies (NASDAQ: OPEN) dazzled investors this summer after the stock jumped from $0.51 to more than $10 in less than three months, gaining more than 2,000%. Several factors played into that rally. First, the stock gained interest from meme stock investors on social media platforms like X and Reddit in response to arguments that the company had enormous potential if the housing market turned around. One hedge fund manager, Eric Jackson, said the stock could be the next Carvana , referring to the online used car dealer, which jumped more than 100 times after nearly going bankrupt in 2022-23. Once Opendoor stock started gaining speed, investors began pushing for the removal of CEO Carrie Wheeler, and she departed in August, being replaced by Kaz Nejatian, who was formerly the COO of Shopify . In a board overhaul at the same time, two co- Show less Read more
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