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BTCC / BTCC Square / Global Cryptocurrency /
Opendoor Rally Loses Momentum Amid Profit-Taking and Reverse Split Uncertainty

Opendoor Rally Loses Momentum Amid Profit-Taking and Reverse Split Uncertainty

Author:
Global Cryptocurrency
Published:
2025-07-31 22:14:01
19
3
BTCCSquare news:

Opendoor's recent meme-stock surge faltered this week as early investors cashed out gains and new buyers failed to sustain upward momentum. The stock dropped 22.8% through Thursday afternoon, despite minimal news flow.

A delayed reverse stock split decision added pressure. While the company initially proposed the measure in May to address its sub-$1 Nasdaq compliance issue, Monday's adjournment of a shareholder vote reflects management's caution amid volatile trading conditions.

|Square

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