Opendoor surges 42% as rate-cut hopes, CEO search fuel meme buzz
Opendoor soared 42% Friday, breaking past $5 for the first time in two years, as Powell's rate-cut hints and a CEO search fueled meme-stock hype. It ranked among the S&P 500's top gainers and topped trending lists with bullish sentiment. Retail traders now eye $10, citing strong year-to-date gains and fresh catalysts, including leadership news.