Nextdoor Holdings Surges 49% as Investor Eric Jackson Touts AI Potential
Nextdoor Holdings Inc. (NXDR) saw its largest single-day gain in over four years, soaring as much as 49% after hedge fund manager Eric Jackson of EMJ Capital highlighted the platform's untapped AI capabilities. Jackson, who previously catalyzed rallies in Opendoor Technologies (360%) and Better Home (176%), argues Wall Street misprices Nextdoor as a stagnant ad business rather than an AI-driven growth story.
The neighborhood social network, with 100 million verified users, closed 16% higher after retail traders amplified Jackson's bullish thesis. His track record of identifying undervalued platforms has drawn market attention, with this MOVE echoing his successful 2025 Opendoor call.