Man Behind Opendoor Meme Rally Sparks 176% Surge in Better Home

Shares of Better Home & Finance Holding Co. soared after Eric Jackson said his hedge fund had bet on the stock, echoing the retail-driven rally he kicked off in Opendoor Technologies Inc. in July.

Shares of the online mortgage company known as Better surged 47% on Monday, to close at the highest level since August 2023. The stock soared as much as 176%, after triggering multiple halts for volatility throughout the trading session. They’ve now gained more than 460% so far this year.