Offerpad shares surged over 300% this week as meme-stock mania spilled over from rival Opendoor. The stock jumped 85% Thursday before plunging 27% after-hours on news of a $100mn share sale plan with Jefferies. Despite revenue declines, retail sentiment on Stocktwits remains 'extremely bullish,' with traders dismissing the drop as mere panic selling.
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08:58 am on
29 Aug