Stock Track | Nextdoor Holdings Soars 5.42% on Eric Jackson's Bullish '100-Bagger' Endorsement

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Nextdoor Holdings (NXDR) surged 5.42% in the 24-hour trading session, reflecting strong investor optimism. The rally was driven by investor Eric Jackson's high-conviction endorsement of the stock as his next "100-bagger" candidate.

Jackson highlighted Nextdoor's unique position as a verified "identity graph" platform, crucial for the AI economy. His bullish thesis, shared on social media, emphasized the company's operational improvements under CEO Nirav Tolia and its potential to pivot into a critical AI utility. This endorsement sparked significant buying interest, mirroring Jackson's past successes with meme stocks like Opendoor.

Despite skepticism from analysts, Nextdoor's stock gained momentum as traders bet on Jackson's long-term vision. The company's hyperlocal model and 100 million users across 10 countries further fueled the rally, though monetization challenges remain.

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