Opendoor soars 21% as new CEO announces $1 mn share purchase

Opendoor shares jumped over 21% Monday after CEO Kaz Nejatian said his family will buy $1 million worth of stock on Tuesday. The move, aimed at boosting confidence, follows mixed Q3 results. Nejatian also praised Donald Trump's 50-year mortgage proposal, while Stocktwits sentiment for OPEN surged into the extremely bullish zone among retail traders.