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Benzinga
Benzinga
Business
Adam Eckert

Opendoor Stock Continues To Rally: What's Fueling The Momentum?

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Opendoor Technologies Inc (NASDAQ:OPEN) shares are rising during Thursday’s trading session. The upward movement comes amid heightened trading activity and a wave of optimism in the real estate sector.

What To Know: Hedge fund manager Eric Jackson recently highlighted Opendoor stock as a potential "100-bagger" over the next few years, sparking retail interest in the heavily-shorted name. Short interest remains high with 23.86% of the float sold short at last check, according to Benzinga Pro data.

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