Overview
- Jim Cramer told a caller, "We don't want to be in a meme stock," referring to Opendoor.
- He reiterated an August warning that he would not "jump on" the stock, voicing skepticism after prior leadership departures.
- Opendoor named Christy Schwartz interim CFO effective Sept. 30, succeeding Selim Freiha, who leaves the role Friday.
- The stock fell about 4% to $9.54 on light volume Friday, though it has surged roughly 700% over six months.
- Retail promoters known as the OPEN Army traded Super Bowl ad ideas featuring Drake and Rob Gronkowski, underscoring a social-media-driven following.