Opendoor Technologies Inc. (NASDAQ:OPEN) soared 11.58% on Friday, hitting a new all-time high of $6.85 before closing at $6.65. Investors rallied behind bringing back co-founder Keith Rabois to support the company’s turnaround. Eric Jackson of EMJ Capital believes Rabois’ return could lead OPEN to $82, $200, or $500, with expectations of lower interest rates benefiting the real estate technology company.

For those seeking AI stock investments, consider options with greater potential returns and limited downside risk. While OPEN shows promise, other AI stocks may offer more significant opportunities. For a look at a low-cost AI stock poised to benefit from Trump tariffs and onshoring, check out our free report on the best short-term AI stock.

To stay informed on potential investment opportunities, explore articles on 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This news was originally published on Insider Monkey.

Read more at Yahoo Finance: Opendoor (DOOR) Jumps Skyrockets as Investors Rally Behind Co-Founder Comeback