Opendoor taps new CEO and names Keith Rabois chairman, boosting stock 30%
1. Opendoor appoints Kaz Nejatian as CEO and Keith Rabois as chairman. 2. Stock surged 30% in after-hours trading, valuing at $6 billion. 3. Company faced delisting risk due to low stock price earlier this year. 4. Retail investor interest surged, turning Opendoor into a 'meme stock.' 5. Eric Wu, former CEO, rejoins the board amid leadership changes.