Opendoor Shares Soar on Activist Interest as Eric Jackson Targets Major Turnaround
Opendoor Technologies (OPEN) surged nearly 43% on Monday after Eric Jackson, founder of EMJ Capital, publicly pushed for a CEO change and a full strategic overhaul of the company. Jackson’s bold letter, which called Opendoor’s leadership “unqualified,” sparked a strong reaction from investors, marking the stock’s biggest single-day jump in years.
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