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flag Opendoor's stock surges 36% with new CEO and returning co-founders, but profitability remains elusive.

flag Opendoor Technologies (OPEN) stock has risen by 36%, boosted by the appointment of former Shopify COO Kaz Nejatian as CEO and the return of co-founders Keith Rabois and Eric Wu to the board. flag The company, which uses AI to buy and sell homes, saw its stock climb over 50% last week, from around $6 to over $9 per share. flag Despite recent gains, Opendoor, which has yet to turn a sustainable profit, still trades far below its all-time high of $36 per share. flag Investors are watching for signs of profitability and progress under new leadership.

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