Opendoor (DOOR) Soars as Investors Support Co-Founder Rabois' Return

Reported 2 days ago

Opendoor Technologies Inc. (NASDAQ:OPEN) experienced a significant surge in stock price, reaching an all-time high as investors rallied for the return of co-founder Keith Rabois to the board, aiming to revitalize the company's vision. On Friday, its stock jumped by as much as 14.9% during trading, ultimately closing up 11.58% at $6.65. Advocates believe Rabois' leadership could drive a substantial turnaround amid hopeful sentiments around potential lower interest rates from the Federal Reserve.

Source: YAHOO

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