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Opendoor Stock Frenzy Continues—Is $40 Per Share The Next Stop? - Opendoor Technologies (NASDAQ:OPEN)
SAN FRANCISCO, JUL 21 – Opendoor's stock climbed over 590% in July fueled by hedge fund backing and social media-driven speculative trading despite risks of Nasdaq delisting and ongoing losses.
- On July 18, Opendoor Technologies Inc. shares soared over 188%, marking one of 2025’s wildest stock stories on the Nasdaq.
- On July 14, Eric Jackson highlighted no national iBuying competitors after Zillow and Redfin exit, noting `they have no national competitors in iBuying anymore` and predicted the stock would hit $82 in a few years.
- The stock's 160% rally reveals heavy retail demand, while approximately 22% of shares sold short could drive further buying.
- Opendoor scheduled a July 28 shareholder vote on a reverse stock split to preserve Nasdaq listing after delisting threats.
- Next month, the company is due to release its second-quarter results, with Benzinga Pro forecasting a one-cent per share loss and $1.5 billion in revenue.
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15 Articles
Opendoor Shares Jump as Traders Flock to Newest Meme Stock
Opendoor Technologies Inc. jumped as much as 121% on Monday, extending its gravity-defying rally from last week, as investors continued to pile into the stock that has found a sudden fandom among retail traders and social-media platforms.
·United States
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OpenDoor (Nasdaq: OPEN) & Navitas Lead Momentum Stocks on July 21
Live Updates Live Coverage Updates appear automatically as they are published. Trading Day Over 4:14 pm by Eric Bleeker At the end of the day, OpenDoor closed up 42.67%. That’s a mammoth gain for any trading day, yet I’d imagine plenty of investors were disappointed with the way it ended. Options traders had been making massive bets on OpenDoor to hit $4.50, so there appears to have been some major profit taking with shares trading comfortab…
·New York, United States
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Coverage Details
Total News Sources15
Leaning Left3Leaning Right0Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 43%
C 57%
Factuality
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