Opendoor (OPEN) Stock: Investors Rally Behind New CEO’s AI Transformation Plan

TLDR Opendoor Technologies (OPEN) shares surged 21.5% Monday after mixed Q3 earnings and positive analyst commentary Revenue of $915 million beat estimates but declined 34% year-over-year; EPS missed at $0.08 loss per share JPMorgan maintained Overweight rating, citing CEO Kaz Nejatian’s transformation plan focused on AI and profitability New strategy targets net income breakeven by [...]

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