Why Opendoor stock is jumping today: Trump’s $200 billion mortgage-bond buy order
Opendoor shares jumped 20.5% to $7.75 in late morning trading Friday, with volume topping 90 million, after President Trump ordered $200 billion in mortgage-bond purchases. Other housing stocks also rallied. Investors await details on the bond-buying plan and Opendoor’s next earnings report, set for Feb. 26. Vanguard disclosed owning 11.62% of Opendoor as of Dec. 31.