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Benzinga
Benzinga
Business
Marc Guberti

'Let The Shorts And Sellers Play Their Games' - Opendoor Stock Ringleader Eric Jackson Convinced Shares Will More Than 100x From Their Current Price

Opendoor OPEN EA SPORTS Keith Rabois GameStop Opendoor Technologies
Meme Stock Surge

Eric Jackson, the founder of EMJ Capital Ltd., has stirred up a stock rally in Opendoor Technologies (NASDAQ:OPEN) that is reminiscent of Gamestop's (NYSE:GME) 2021 meme-fueled surge. He has led the rally on X and generated plenty of fanfare along the way

From June to August, Opendoor shares surged from $0.50 per share to more than $5 per share. However, the stock dropped close to $4 per share near the end of August. Jackson has been tweeting about the stock each day and recently cited seller manipulation as the reason for the stock's current decline.

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