Opendoor Technologies shares rise 10.04% premarket due to meme stock frenzy and new product launch.
ByAinvest
Thursday, Jul 24, 2025 6:37 am ET1min read
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Opendoor Technologies Inc. rose 10.04% in premarket trading, driven by the launch of Cash Plus, a new product offering for home sellers and agents. This addition combines the simplicity and speed of its Cash Offer with the ability to market a home with a trusted agent partner, allowing sellers to unlock a majority of their home equity up front while still testing the market. Additionally, the stock's surge is attributed to the recent meme stock frenzy, with retail investors flooding into low-priced shares, reminiscent of the 2021 meme stock euphoria.
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