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Meme Stock Favorite Opendoor Is Surging Once Again. Look Out Below?
A Meme Stock Rollercoaster Opendoor Technologies (NASDAQ:OPEN) is surging 25% in morning trading today, reigniting excitement among retail investors who have crowned it a meme stock darling. Fueled by social media hype on platforms like Reddit’s WallStreetBets and X,
Opendoor has become the first true woman-led meme stock—and that can get complicated
Opendoor was a Fortune 500 member in 2022 and 2023 (and Wheeler was a Fortune 500 CEO), but the company has since fallen off the list of America’s largest businesses. An online home buyer and flipper, its fortunes have reversed post-pandemic and after a 2020 SPAC. It came close to being delisted from the Nasdaq earlier this year.
The ticker $OPEN has been heavily cited on WallStreetBets, the online forum behind the infamous GameStop mania in 2021.
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WallStreetBets Forum Targets Opendoor StockThe post WallStreetBets Forum Targets Opendoor Stock appeared first on Self Employed. Opendoor Technologies Inc. ($OPEN) has ...
Despite that history, the real estate stock caught fire in recent weeks, seemingly as part of a meme stock boom, as chatter ...
Opendoor stock took off last Monday after Eric Jackson, founder of EMJ Capital, announced his firm had taken a position in ...
WallStreetBets, the infamous subreddit credited with helping to spawn the meme-stock phenomenon, is giving its regular ...
Despite the enthusiasm, Opendoor has significant financial troubles. The company's top line has plummeted from its height in ...
Opendoor Technologies, an e-commerce platform for residential real estate, rose 19% to $2.73, adding to its more than 400% ...
Opendoor Technologies Inc. (NASDAQ:OPEN)’s shares fell as the firm’s speculative run fueled by Reddit users ran out.
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