Opendoor, new york stock exchange
Digest more
Live Updates Live Coverage Updates appear automatically as they are published. Markets Look Strong Today Overall 9:38 am by Eric Bleeker After some rotation out of risky assets yesterday, markets look pretty strong today.
Opendoor stock gains 42% in wild day after doubling early Monday as volatility triggers trading halt
Penny stock iBroker platform Opendoor's share price rose by 24% in pre-market trading Monday morning, continuing last week gains of 188%.
After this rough patch, Opendoor has emerged as a much smaller company, buying less than 4,000 homes every quarter but one since 2022 compared to 15,000 at the peak in the September quarter of 2021.
Opendoor Technologies shares surged as much as 24% Tuesday before reversing early gains, as retail investors drove wild swings in the meme stock.
The latest meme-stock frenzy shows that “market psychology and crowd behavior can sometimes matter more than the numbers,” says Capital.com analyst Daniela Sabin Hathorn
Explore more
Once a penny stock struggling to keep its head above water, online home flipper Opendoor Technologies (OPEN) is staging an astounding comeback. The company’s shares have exploded more than 430% in just one month,
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Opendoor Technologies rose 25% in premarket trading after a social media post by Carvana spotter Eric Jackson. Tesla rose slightly ahead of Wednesday's earnings.