Reported 1 day ago
Opendoor Technologies, Inc. (NASDAQ:OPEN) has experienced significant volatility, with its stock rising over 50% last week. Despite this surge, new chairman Keith Rabois asserts that Opendoor is not a meme stock, emphasizing the demand from retail investors who recognize the company's potential in transforming real estate transactions. Rabois supports the notion that consumer interest drives market allocation, insisting that Opendoor's appeal is rooted in its fundamentals rather than mere sentiment. Other influential voices share this perspective, viewing the stock's unique story as often misunderstood.
Source: YAHOO