3 Reasons Opendoor Technologies Stock Could Move Higher Before Nov. 6

In just a few months, Opendoor Technologies (NASDAQ: OPEN) has gone from a broken company on the verge of being delisted from the Nasdaq to one of the hottest stock stories of the year.In July, retail investors began piling into the online home-flipping stock after an argument posited by hedge fund manager Eric Jackson began to gain traction online. Jackson argued that Opendoor could turn into the next Carvana, referring to the 100x gain the online used car dealer made after avoiding bankruptcy in late 2022.A meme stock was born as daily trading volume skyrocketed, at one point exceeding the number of shares outstanding, and Opendoor soared as well. That momentum directly led to a change in the business.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool