Overview

• Better Home & Finance shares extended Monday’s rally with another premarket jump Tuesday, trading near the mid-$60s after soaring as much as 176% intraday and closing up 47% on Monday.
• Eric Jackson said EMJ Capital is long BETR, called it the “Shopify of mortgages,” and touted a potential “350-bagger,” asserting the stock should be worth $626 now with a path to $12,000 in two years.
• Trading in BETR spiked with more than 40 million shares changing hands Monday versus an average below 83,000, and multiple volatility halts were triggered.
• Opendoor shares fell 12% Monday and were down as much as another 12% Tuesday, pressured by a regulatory filing showing a large investor sold over 11 million shares and by fresh criticism from hedge fund manager George Noble.
• Skeptics highlight Opendoor’s fundamentals, noting revenue fell from $15.6 billion in 2022 to $5.1 billion in 2024 and consensus still shows losses through 2026, even after recent leadership changes including Shopify’s Kaz Nejatian becoming CEO.