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Opendoor (OPEN) Stock: New CEO Sparks 79% September Surge
['Trader Edge']
MoneyCheck
The online home flipper brought in new leadership and benefited from falling interest rates.
The leadership changes came as Opendoor gained attention as a meme stock.
The company currently has a $6 billion market value.
The Federal Reserve cut interest rates in September for the first time in the year.
Lower interest rates should reduce mortgage rates.