Opendoor stock is on the rise after the NAR reported an unexpected increase in home sales for July. The company’s share price jumped 9.6% despite pullbacks in the S&P 500 and Nasdaq. Valuation boost from NAR data and investing podcast comments may be driving the stock surge. Opendoor’s recent gains have led to speculation about meme stock trading, but a podcast host rejects that theory. Retail investor support is seen as a key factor in the company’s stock performance. Considerations for investing $1,000 in Opendoor Technologies are highlighted by The Motley Fool’s Stock Advisor team, who recently identified 10 top stocks for investors to buy now.

Read more at Nasdaq: Why Opendoor Technologies Stock Is Skyrocketing Today