Why Did Nextdoor Holdings Stock Rocket Higher This Week?

One hedge fund manager believes Nextdoor is the best way to capitalize on AI right now.Although most investors may not be familiar with Toronto-based EMJ Capital, its founder has gained more recognition in recent months. Eric Jackson recently made headlines with a retail investor activist campaign that led to a 15x move in one stock. This week, he highlighted social networking service Nextdoor Holdings (NXDR 8.30%) in a social media post, sending shares soaring more than 50% at one point. Nextdoor stock was ...