Opendoor Technologies Stock Surge on Social Media Buzz

Opendoor Technologies Inc's stock surged in pre-market trading, with a significant increase driven by heightened social media discussions and speculation. The company's shares have experienced a substantial rise, accumulating over 230% within the month. The surge in trading activity, including a record number of bullish options contracts, reflects the influence of social media on current market trends. This momentum indicates a meme stock frenzy and the impact of online platforms on stock prices.

Latest News

07-18

Stock Track | Opendoor Technologies Soars 15.76% as Meme Stock Frenzy and Social Media Buzz Fuel Rally

07-18

异动解读 | 社交媒体热度飙升，Opendoor盘中大涨15.76%

07-18

Mixed Market Performance, Interactive Brokers Soars 6.85%, Opendoor Technologies Inc Rises 8.75%

User Discussion

Porter Harry

07-18

Another MEME Stock, Another Chance?

OpportunitySurging Momentum & Volume: Opendoor’s stock has exploded higher in the past week, rising roughly 90% as retail traders piled in. Shares jumped from around $0.90 on July 14 to $1.65 on July 17, and even hit an intraday high of ~$2.02 on the 17th. Volume has gone parabolic – roughly 300 million shares traded on July 16 and ~550 million on July 17, versus a 90‑day average of ~85M. For short-term traders, this extreme price and volume surge signals strong upward momentum that can attract momentum buyers or short-covering demand.Options and Short-Squeeze Setup: Call-option activity has hit record highs – one analysis noted about 560,000 call contracts traded in a single day. Meanwhile, roughly 22% of OPEN’s float is short, meaning a classic short-squeeze setup. In the short term,

Another MEME Stock, Another Chance?

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