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Opendoor's CEO stepped down amid retail pressure, while Anthony Pompliano defended the stock against meme narratives and firms backing eBay and Venmo began investing.

3 reports, 3 independent Updated Aug 21
Gone quiet Reached 3 outlets in its first 24 hours
Reports
3
Developments
3
Repetition
67%

New informationRepeats or wire copies

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What happened

Well supportedReported by 3 independent outlets

Opendoor's CEO stepped down amid retail pressure, while Anthony Pompliano defended the stock against meme narratives and firms backing eBay and Venmo began investing.

Who's involved

What this event is mainly about

How it developed

Newest first. Tap a step to see who reported it.
  1. Opendoor saw CEO Carrie Wheeler replaced by Eric Wu following pressure, amid stock volatility and Nasdaq delisting concerns.Sub-event
  2. A stake disclosure and social media campaign ignited the stock surge for Opendoor, involving Anthony Pompliano.Sub-event
  3. Opendoor CEO steps down; Pompliano defends stock amid investment from eBay/Venmo backers.1 source

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Coverage

Newest first; wire copies grouped
  • BenzingaAnthony Pompliano Says Opendoor Is Not A 'Meme Stock' — Retail Investors Are Like 'A Decentralized Hedge Fund' Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the
  • BarchartAs Opendoor CEO Carrie Wheeler Steps Down, How Should You Play OPEN Stock Here? Opendoor (OPEN) shares closed higher on Friday after the digital real estate platform said Carrie Wheeler – its chief e
  • Investing.comOpendoor stock jumps after CEO exit, retail activists claim win Investing.com -- Opendoor Technologies Inc (NASDAQ:OPEN) shares jumped 9% Friday after Chief Executive Carrie Wheeler announced her res