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Opendoor Technologies Roars Back to Life. Is A Bigger Rally Next?

Zakharchuk / Shutterstock.com Opendoor Technologies (NASDAQ:OPEN) stock rose more than 13% on Friday, closing at 7.97pershare.Thegaincameaheadofexpectedinterestratecutsthisweekandmarkedthecompanysfirstmeaningfulincreaseinamonth.Itendedadeclinethatbeganaftersharesreached7.97 per share. The gain came ahead of expected interest rate cuts this week and marked the company's first meaningful increase in a month. It ended a decline that began after shares reached 10.87 per share in mid-September. That earlier peak resulted from meme stock activity, with retail traders pushing the price higher on momentum rather than company results. The excitement did not last. By ...