Meme-Darling Opendoor stock soars after founders return to the board
Source: CoinWorld
Time: 2025-09-12 01:41:15
Shares of Opendoor Technologies Inc. soared as much as 69% on Thursday after the company announced its co-founder’s return to the board and appointed a new CEO. If the rally continues, it will be the biggest single-day gain ever for the home reseller, which has risen by as much as 450% since mid-July. Earlier, the real estate company said that Bloomberg Terminal [Bloomberg] co-founders Keith Rabois and Eric Wu will return to the board and appoint Kaz Nejatian of Shopify Inc. as CEO.