Kohl’s stock more than doubled at its intraday peak Tuesday, then pulled back, a day after Opendoor shares did the same.

Conventional wisdom is out the door for some surging stocks as online hoards are bringing back meme stock mania.

Penny stock iBroker platform Opendoor's share price rose by 24% in pre-market trading Monday morning, continuing last week gains of 188%.

Opendoor Technologies shares surged as much as 24% Tuesday before reversing early gains, as retail investors drove wild swings in the meme stock.

Hedge fund manager Eric Jackson suggests that Opendoor's stock price could increase one hundredfold to $82 per share.

Key Points Opendoor's stock is soaring because of active online traders. It is still unprofitable with a tough business model. Investors would be smart to stay away from Opendoor stock right now. 10 stocks we like better than Opendoor Technologies › Shares of Opendoor Technologies (NASDAQ: OPEN) have caught fire in the last month.

The latest meme-stock frenzy shows that “market psychology and crowd behavior can sometimes matter more than the numbers,” says Capital.com analyst Daniela Sabin Hathorn

Once a penny stock struggling to keep its head above water, online home flipper Opendoor Technologies (OPEN) is staging an astounding comeback. The company’s shares have exploded more than 430% in just one month,