$Opendoor Technologies Inc(OPE

The CEO change and Keith Rabois stepping in definitely gave Opendoor a big confidence boost, hence the 50% pop. But after such a sharp move, I’d be careful chasing — rate cuts in September could help sentiment around housing, but fundamentals still matter.

I’d personally look to trim some profits around $9–10 to de-risk and let the rest ride if momentum continues. PT depends on execution under the new leadership, but for now, keeping expectations modest makes sense.

Jane Street Takes Opendoor Stake: New Rally Begins, $10 Again?

Jane Street disclosed a 6% stake in the company, while a stronger-than-expected new home sales report boosted sentiment across the housing sector. With institutional backing and macro tailwinds, could this rally be the start of a bigger comeback for Opendoor? Aim for $10 again? How do you view Jane Street's stake?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":479064766542024,"tweetId":"479064766542024","gmtCreate":1757979636721,"gmtModify":1757985639670,"author":{"id":4218740090645132,"idStr":"4218740090645132","authorId":4218740090645132,"authorIdStr":"4218740090645132","name":"Lucorirorz","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":1,"starInvestorFlag":false},"themes":[{"themeId":"8ccd52264f5b4cc3b38dc26498052a61","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Jane Street Takes Opendoor Stake: New Rally Begins, $10 Again?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":8ccd52264f5b4cc3b38dc26498052a61}&rnconfig={\"headerBarHidden\": true}","description":"Jane Street disclosed a 6% stake in the company, while a stronger-than-expected new home sales report boosted sentiment across the housing sector. \nWith institutional backing and macro tailwinds, could this rally be the start of a bigger comeback for Opendoor?\nAim for $10 again?\nHow do you view Jane Street's stake?","image":"https://community-static.tradeup.com/news/e28b077873091f6b21a466500f91b04a"}],"images":[],"coverImages":[],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/OPEN\">$Opendoor Technologies Inc(OPEN)$&nbsp;</a>\nThe CEO change and Keith Rabois stepping in definitely gave Opendoor a big confidence boost, hence the 50% pop. But after such a sharp move, I’d be careful chasing — rate cuts in September could help sentiment around housing, but fundamentals still matter.\nI’d personally look to trim some profits around $9–10 to de-risk and let the rest ride if momentum continues. PT depends on execution under the new leadership, but for now, keeping expectations modest makes sense.</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/OPEN\">$Opendoor Technologies Inc(OPEN)$&nbsp;</a>\nThe CEO change and Keith Rabois stepping in definitely gave Opendoor a big confidence boost, hence the 50% pop. But after such a sharp move, I’d be careful chasing — rate cuts in September could help sentiment around housing, but fundamentals still matter.\nI’d personally look to trim some profits around $9–10 to de-risk and let the rest ride if momentum continues. PT depends on execution under the new leadership, but for now, keeping expectations modest makes sense.</body></html>","text":"$Opendoor Technologies Inc(OPEN)$ The CEO change and Keith Rabois stepping in definitely gave Opendoor a big confidence boost, hence the 50% pop. But after such a sharp move, I’d be careful chasing — rate cuts in September could help sentiment around housing, but fundamentals still matter. I’d personally look to trim some profits around $9–10 to de-risk and let the rest ride if momentum continues. PT depends on execution under the new leadership, but for now, keeping expectations modest makes sense.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":8,"favoriteSize":0,"link":"https://ttm.financial/post/479064766542024","repostId":0,"isVote":1,"tweetType":1,"viewCount":1850,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["OPEN"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":424,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/479064766542024"}