Opendoor is the first woman-led meme stock
– to open. One other day, one other Mimi share. Or is it?
Within the 4 years since Gamestop viral goldIt was very uncommon for one of many shares that Reddit’s R/Wallstreeetbets was raised to Reddit to Leverds. However apart from the AMC, Nokia, and Trump Media & Know-how Group assortment, we will now calculate OpenDoor, the true property corporations he heads CEO Carrie Wheeler.
OpenDoor was a member of Fortune 500 in 2022 and 2023 (Wheeler was the CEO of Fortune 500), however the firm has since fell from the record of the biggest corporations in America. A home purchaser and exhausting on-line, his postpartum wealth mirrored and after a 2020 plumber.
Final week, OpenDoor shares More than 400 % rose– Who nonetheless places the worth of his share at solely $ 2.88 from yesterday’s market. ((Kohl’s is another new Mimi arrow From final week additionally.) Investor Eric Jackson Ascending on OpenDoorIn addition to retail retailers who see one thing that Wall Road doesn’t do.
However in fact, the eye of Reddit merchants might be complicated. Investor Keith Rabua, who was behind the corporate’s launch a decade in the past, was. Wheeler’s interrogation is frankly and calls for the new CEOOthers are following alongside. It isn’t straightforward to be Mimi, and it’s not straightforward to be an government director.
Emma Hinchelv
whatever.Henchev@Fortune.com
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2025-07-23 12:55:00
