The Latest Breaking News from Opendoor

Opendoor Technologies Inc (NASDAQ:OPEN) became the latest retail-trading flashpoint, having rallied over 500% in two months before plummeting on poor guidance and an unexpected CEO departure. Although fundamentals of the company remain uncertain, the volatility of the stock has consequences for the ETFs that are invested in it.

Opendoor Technologies, Inc. (NASDAQ:OPEN) interim CEO Shrisha Radhakrishna expressed his appreciation for retail investors and shared the company's AI vision in a social media post on Thursday. 

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.

Hedge fund manager Eric Jackson and crypto investor Anthony Pompliano have both dismissed claims that Opendoor Technologies, Inc. (NASDAQ:OPEN) is a meme stock. 

Opendoor Technologies Inc. (NASDAQ:OPEN) shares sank on Wednesday, extending a sell-off that began after the company’s second-quarter results and the abrupt resignation of CEO Carrie Wheeler. The downturn comes after a two-month, retail-fueled rally that had lifted the stock more than 500%.

Opendoor Technologies Inc. (NASDAQ:OPEN) declined 1.93% in after-hours trading Tuesday, closing at $3.55 following a 4.23% drop during regular session to $3.62, according to Benzinga Pro data. The pullback comes after the stock’s extraordinary 500% rally since its June 25 low of $0.51.

Investor and podcast host Anthony Pompliano is pushing back against the narrative that Opendoor Technologies Inc. (NASDAQ:OPEN) is just another “meme stock,” arguing that retail investors have evolved into a powerful and coordinated force in today’s markets.

Opendoor Technologies Inc (NASDAQ:OPEN) shares are trading lower Tuesday morning, experiencing a pullback amid heightened investor attention. The stock has otherwise seen a substantial year-to-date increase of around 127%.

Fund manager Eric Jackson, who’s been responsible for igniting iBuying platform, Opendoor Technologies Inc.’s (NASDAQ:OPEN) 875% rally over the past few weeks, just shared the unusual support that he has received from an unexpected region of the world.

Opendoor Technologies, Inc. (NASDAQ:OPEN) vocal supporter Eric Jackson expressed ambition to create a "mini-Berkshire" for retail investors last Friday. Could the enthusiastic investor be the next Warren Buffett? 

Opendoor Technologies Inc. (NASDAQ:OPEN) is riding a wave of momentum, and the charts are backing it up. The stock recently achieved a Golden Cross, a classic bullish signal as its 50-day simple moving average (SMA) surged above its 200-day SMA, suggesting potential for further upside.