Opendoor stock soared after it announced a new CEO. Can it keep climbing?

Opendoor Technologies ( OPEN -5.00% ) bulls are stampeding again. Less than three months after the stock started soaring on a meme stock rally that began with an argument that the company could be the next Carvana , Opendoor is now making some real changes, and investors are delighted.

About a month after CEO Carrie Wheeler stepped down, the company -- which buys and sells residential real estate online -- has overhauled its leadership team, and it just tapped Kaz Nejatian to be its new CEO . Nejatian was the COO of Shopify , one of the best-regarded tech commerce platforms, and before that the founder of a payment technology company, Kash, which was sold in 2017.

Opendoor also brought back co-founder

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