Why Is Opendoor Technologies Stock (OPEN) Jumping Today?

Shares of Opendoor Technologies (NASDAQ: OPEN) are soaring on Wednesday, up 6.5% as of 2:58 p.m. ET. The jump comes as the S&P 500 (SNPINDEX: ^GSPC) lost 0.6% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 0.9%.A regulatory filing from the company, as well as the Federal Reserve's rate cut confirmation, is sending Opendoor stock flying.The company filed an 8-K disclosure with the SEC, revealing that it "intends to expand its product offerings to allow [Opendoor] to provide services through the entire continental United States in the coming weeks, through one or more of its direct cash offer, cash plus, or working with its partner agents to provide listing services."Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool