Opendoor rival offerpad soars 300% in meme stock frenzy
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.