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Benzinga
Benzinga
Business
Evette Mitkov

Opendoor Stock Is Trading Lower Monday: What's Happening?

Opendoor OPEN George Noble X
Opendoor Technologies

Opendoor Technologies Inc (NASDAQ:OPEN) shares are falling on Monday after hedge fund manager George Noble posted on X that the company is “total garbage,” raising concerns about the stock’s recent rally.

What Happened: Noble, who has founded two billion-dollar hedge funds and was an assistant to famed investor Peter Lynch, criticized the iBuying platform following its more than 1,750% rally off all-time lows from late June.

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