Meme Stock Opendoor Skyrockets as Firm Names New CEO, Brings Back Co-Founders to Board
1. Opendoor names Kaz Nejatian as new CEO, boosting investor confidence. 2. Co-founders Keith Rabois and Eric Wu return to board, enhancing leadership. 3. Rabois and Wu's firm invests $40 million to support company's growth. 4. Opendoor shares soared 50% following these strategic leadership changes. 5. Stock price increased significantly from $0.53 to nearly $9 since July.