24H｜Opendoor Soars 9%; Grab up 4%; Crypto Stocks Jump; Iren up 7%; SBET up 6%; Upexi up 3%
Crypto stocks jumped in overnight trading. Iren up 7%; SBET up 6%; Hut 8 up 4%; Upexi rose 3%; Riot Platforms up 1%.
Opendoor Technologies Inc rose 9% in overnight trading after soaring 43% on Monday.
The stock started to rally last week after Eric Jackson, founder of hedge fund EMJ Capital, started talking it up on social media platform X.
He wrote that he thinks OPEN "could be a 100-bagger over the next few years," citing the company's efforts to optimize profitability and manage expenses.
Meanwhile, OPEN has soared 150% since Jan. 14, when Jackson posted on X.
Short interest remains high on OPEN, at 18.63% of shares outstanding, leaving it in meme-stock territory.
Grab Holdings rose 4% in overnight trading.
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