All articles tagged with #eric jackson
Eric Jackson of Opendoor fame recommended Better Home & Finance, causing its shares to more than double in a day, as he praised its innovative use of AI in rebuilding the mortgage industry and compared it to Shopify, predicting a potential 350-bagger in two years.
Meme stocks are making a comeback, sparked by a Canadian hedge fund manager's investment in Opendoor, which has seen its stock surge over 600%. The phenomenon, driven by social media hype and retail investors, echoes the 2021 GameStop craze, with other stocks also gaining popularity amid the meme stock mania.
Shares of Opendoor surged 15.5% amid retail investor enthusiasm and activist interest, with Eric Jackson signaling plans for shareholder activism to push for operational improvements and leadership changes, amid broader industry tailwinds like falling interest rates and potential crypto integration.