Oct. 3 at 9:35 PM
$OPEN $SHOP Can New Opendoor CEO Kaz Nejatian Help the Stock Sustain Recent Highs? Opendoor hired Kaz Nejatian from Shopify, leading to a massive stock surge. It could be hard to sustain the advance. Opendoor rapidly transitioned from a penny stock to a meme stock, now also viewed as a potential AI play, fueling further investor excitement. However, its share price has already begun to cool, and the real challenges lie ahead.