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Shares of Opendoor Technologies (OPEN 12.77%) were among the rare winners today as the meme stock jumped on the weaker-than-expected employment report.
SAN FRANCISCO, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor” or the “Company”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced it received written notice from the Nasdaq Stock Market LLC that the Company has regained compliance with Nasdaq's minimum bid price requirement. Opendoor's common stock will continue to be listed on the Nasdaq Global Select Market.
Opendoor Technologies (OPEN 1.22%), the leading instant buyer of homes in America, went public on Dec. 21, 2020, by merging with a special purpose acquisition company (SPAC). Its stock opened at $31.47 on its first day, and it eventually closed at a record high of $35.88 on Feb. 11, 2021.
Stocks that quickly rise in value can seem like exciting ones to invest in. Taking advantage of the momentum can result in some great gains for investors.
A powerful short squeeze is currently unfolding across U.S. equity markets, with options data signaling a surge in speculative buying.
Key Points in This Article: Opendoor Technologies (OPEN) iBuying model struggles in a stagnant housing market with high interest rates, rising inventory, and declining affordability, exposing operational vulnerabilities.
Opendoor Technologies (OPEN -17.31%) stock is getting hit with a surge of selling pressures in Tuesday's trading. The real estate specialist's share price was down 14.1% as of 11:15 a.m.
The acronym DORKs was selected by some Wall Street "comedians" because that term probably brings to mind middle school memories. It's a win from a marketing perspective and much better than, say, KORDs would have been.
Investors eagerly shut the door on real estate transaction platform developer Opendoor Technologies (OPEN -7.68%) on Monday. They didn't take kindly to news of an important vote on the company's future, and sent the share price down by almost 8% on the day.
Opendoor wants more time “to assess market conditions and the Company's stock price.”