11/22

Why is Opendoor Stock Up Today After Positive Forecast

Opendoor Technologies Inc (OPEN) saw a significant surge in its stock price on November 22, 2024, closing at $1.99, up 17.06% from the previous day's close of $1.70. The stock opened at $1.72 and reached an intraday high of $2.01, with a low of $1.67. The trading volume was exceptionally high, with 89,426,803 shares exchanged, which is 256.42% of its average daily volume. This heightened activity suggests increased investor interest, likely driven by a positive stock forecast predicting a potential price increase to $3.48 over the next year, representing a 102.06% gain. This optimistic outlook appears to have attracted investors eager to capitalize on potential future gains.