Opendoor Shares Surge Amid Meme Stock Frenzy and Volatility

1 min read
Source: CNBC
Opendoor Shares Surge Amid Meme Stock Frenzy and Volatility
Photo: CNBC
TL;DR Summary

Opendoor Technologies' shares surged dramatically due to retail traders and meme stock enthusiasm, with the stock rising over 590% in July, fueled by social media hype, high trading volumes, and short covering, marking a notable rally in the real estate tech sector.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

2 min

vs 2 min read

Condensed

88%

35942 words

Want the full story? Read the original article

Read on CNBC