Opendoor CEO sees 333% surge as stock defies 1.5% market drop
Key Points
- Opendoor Technologies surged 6.5% amid a down day for the S&...
While the S&P 500 and Nasdaq were having what we might diplomatically call a "challenging day" (down 1.3% and 1.5% respectively), Opendoor Technologies decided to throw its own private victory party, jumping 6.5% on Tuesday. Nothing says "I march to my own drummer" quite like a stock that zigs when the entire market zags.
The Prophet of Profit Speaks
Enter Eric Jackson, CEO of EMJ Capital, who's been spreading the gospel that Opendoor is basically the "Uber of real estate." His vision? The company will use its mountain of data and AI wizardry to transform homebuying from the current medie...
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