Shares of Opendoor (NASDAQ:OPEN) rose 5.9% after SRx Health Solutions invested in the company, seeing its shares as undervalued. SRx Health used excess cash to buy Opendoor stock, citing its technology platform and growth potential. The shares closed at $6.67, up 5.8% from previous close. Opendoor’s stock has been volatile, with 109 moves greater than 5% in the past year. The recent rebound follows a sell-off triggered by a proposed ban on institutional investors buying single-family homes. The company’s CEO clarified its business model, easing investor concerns. Opendoor is up 9.9% this year but still trading below its 52-week high.

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