OPEN is trading 13.7% up at $7.31, bouncing back as investors reassess the likely impact of the proposed U.S. housing policy banning large institutions from buying single-family homes.
- The stock is benefiting from a rotation back into beaten-up real-estate names following the sharp losses earlier this week.
- Broader indices are only modestly higher, suggesting today’s rally is largely stock and sector specific rather than purely macro-driven.