Eric Jackson, a hedge fund manager who partly contributed to the trading explosion in Opendoor, unveiled his new pick Monday — Better Home & Finance Holding Co. Jackson said his firm holds a position in Better Home but didn’t disclose its size.
Shares of Better Home soared 46.6% on Monday after Jackson touted the stock on X. At one point during the session, the stock more than doubled in price. The New York-based mortgage lender jumped more than 36% last week. Better Home’s market capitalization was a little more than $500 million as of Friday’s close, according to FactSet data.
The EMJ Capital president and founder called Better Home
Better Home & Finance soars after recommendation by Jackson of Opendoor fame
