Opendoor Stock Faces Uncertainty Amid Crumbling Fundamentals
Opendoor Technologies (OPEN) saw its stock surge nearly 10x after being dubbed "the next Carvana" by Reddit traders. However, the company's crumbling fundamentals, negative earnings, and slashed guidance have cast doubt on its long-term viability. The hype-driven rally may be unsustainable without a genuine turnaround.
Investors are now grappling with whether to hold, sell, or double down on the stock. The market prices referenced are from August 11, 2025, with the analysis published on August 16, 2025. The speculative frenzy surrounding OPEN highlights the risks of momentum-driven trading in volatile markets.