The Face of the New Meme Stock Frenzy
Get caught up.
The Opendoor Technologies website. The company has been a big player in the latest meme stock frenzy.
Photographer: Bloomberg
Remember Keith Gill? The chicken tender-loving investor behind the 2021 meme stock craze? Perhaps you know him by his other name: Roaring Kitty. He was the face of all that pandemic-driven, day-trading insanity. Now there’s another trader at the center of the latest meme stock frenzy, and well, he’s less dramatic.
Eric Jackson, 53, manages his own tiny hedge fund, EMJ Capital, in Toronto. He’s been around for awhile, having made a name for himself a decade ago with a 99-page presentation to Yahoo’s board on why the tech company should oust its now-former CEO. Years later he was back in the news, talking up Opendoor Technologies and Carvana. “Of these two—Carvana and Opendoor—I have more confidence in Opendoor,” he said in a June 2022 interview.