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Wajeeh Khan

Opendoor Surges More Than 60% After Naming a New CEO. Should You Buy OPEN Stock Here?

OPEN Opendoor Kaz Nejatian Eric Wu

Opendoor (OPEN) shares soared over 70% on Thursday after the online real estate platform named Kaz Nejatian as its new chief executive. Nejatian has previously served at Spotify (SPOT) as COO.

In a press release this morning, the Nasdaq-listed firm also confirmed that co-founder Keith Rabois will return as its chairman while Eric Wu will rejoin the board as well. 

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