Opendoor Stock’s Decline: A Closer Look

A single tweet from hedge fund manager Eric Jackson, once a vocal advocate for Opendoor, redirected attention to Better Home & Finance (BETR). His assertion that BETR could become the “Shopify of mortgages” ignited a frenzied 47% surge in the latter stock. While Opendoor remains technically supported by Jackson’s broader thesis, the pivot exposed the fragility of momentum-driven investments. Retail investors, ever opportunistic, liquidated positions in Opendoor to chase the next speculative prize-a move that turned the stock into collateral damage.





