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BTCC / BTCC Square / Global Cryptocurrency /
Opendoor Technologies Earnings Report Fails to Sustain July Rally Momentum

Opendoor Technologies Earnings Report Fails to Sustain July Rally Momentum

Author:
Global Cryptocurrency
Published:
2025-08-07 17:19:01
12
2
BTCCSquare news:

Opendoor Technologies (OPEN) saw its shares surge 245% in July, driven by speculative interest after hedge fund manager Eric Jackson disclosed a stake and bullish outlook. The rally peaked at a 265% gain before retreating 42.7% by month-end, underscoring its volatility.

The Q2 2025 earnings report offered little to justify the meme-stock frenzy, with CEO Carrie Wheeler acknowledging the unsustainable hype. Market participants now question whether the 'DORK' stock phenomenon can translate to fundamental performance.

|Square

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