BUZZ-Mortgage lender Better Home set to double in value over last two sessions

Reuters

Sep 24

BUZZ-Mortgage lender Better Home set to double in value over last two sessions

** Mortgage lender Better Home & Finance's BETR.O shares surge 35% to $67.83

** Stock set to double in value over last two sessions

** BETR jumped over 46% in prior session after Hedge fund manager Eric Jackson called it "the Shopify of mortgages" on X.com on Monday and said his company EMJ Capital is long on the stock

** The New York-based online mortgage lender is "rebuilding a $15T industry from scratch with AI," Jackson said in his Monday's post

** BETR announced a debt restructuring deal with Japan's SoftBank 9984.T in April this year, since then its shares have more than trippled in value as of Friday's close

** Shares have also rallied over the past five consecutive sessions

** BETR did not immediately respond to Reuters' request for comment

** Co went public via a SPAC merger in August 2023; its shares had plummeted over 93% on their debut

** Meme stock Opendoor Technologies OPEN.O rallied in July after bullish posts from Jackson

** With session's move, BETR up 460% YTD

(Reporting by Twesha Dikshit in Bengaluru)

((Twesha.Dikshit@thomsonreuters.com))

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Finance's <span>BETR.O</span> shares surge 35% to $67.83 </p><p>** Stock set to double in value over last two sessions</p><p>** BETR jumped over 46% in prior session after Hedge fund manager Eric Jackson called it \"the <a href=\"https://laohu8.com/S/SHOP\">Shopify</a> of mortgages\" on X.com on Monday and said his company EMJ Capital is long on the stock  </p><p>** The New York-based online mortgage lender is \"rebuilding a $15T industry from scratch with AI,\" Jackson said in his Monday's post  </p><p>** BETR announced a debt restructuring deal with Japan's SoftBank <span>9984.T</span> <span>in April</span> this year, since then its shares have more than trippled in value as of Friday's close</p><p>** Shares have also rallied over the past five consecutive sessions</p><p>** BETR did not immediately respond to Reuters' request for comment </p><p>** Co went public via a SPAC merger in August 2023; its shares had plummeted over 93% on their debut</p><p>** Meme stock <a href=\"https://laohu8.com/S/OPEN\">Opendoor</a> Technologies <span>OPEN.O</span> rallied in July after bullish posts from Jackson</p><p>** With session's move, BETR up 460% YTD </p><p> (Reporting by Twesha Dikshit in Bengaluru)</p><p> ((Twesha.Dikshit@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4079","symbol_name":"房地产服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250923:nL3N3VA0XJ:1","article_id":"2569712801","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2569712801","pubTimestamp":1758644819,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Mortgage lender Better Home set to double in value over last two sessions** Mortgage lender Better Home & Finance's BETR.O shares surge 35% to $67.83 ** Stock set to double in value over last two sessions** BETR jumped over 46% in prior session after Hedge fund manager Eric Jackson called it \"the Shopify of mortgages\" on X.com on Monday and said his company EMJ Capital is long on the stock  ** The New York-based online mortgage lender is \"rebuilding a $15T industry from scratch with AI,\" Jackson said in his Monday's post  ** BETR announced a debt restructuring deal with Japan's SoftBank 9984.T in April this year, since then its shares have more than trippled in value as of Friday's close** Shares have also rallied over the past five consecutive sessions** BETR did not immediately respond to Reuters' request for comment ** Co went public via a SPAC merger in August 2023; 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its shares had plummeted over 93% on their debut** Meme stock Opendoor Technologies OPEN.O rallied in July after bullish posts from Jackson** With session's move, BETR up 460% YTD  (Reporting by Twesha Dikshit in Bengaluru) ((Twesha.Dikshit@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}