Opendoor Technologies Inc. Stock Slides Amid Inflation and AI Concerns

Opendoor Technologies Inc. (NASDAQ: OPEN) shares plummeted 14.42% to $3.09 on August 20, 2025, as inflation fears and skepticism around generative AI investments rattled growth stocks. The decline interrupts a staggering 333% rally over the prior three months—a surge fueled by meme-stock speculation and leadership changes following CEO Carrie Wheeler's departure.

A recent MIT study found 95% of businesses derive minimal value from generative AI deployments, compounding sector-wide pressures. The sell-off accelerated after Home Depot and Target echoed warnings from last week's hotter-than-expected Producer Price Index data. Despite its meme-driven rebound this year, OPEN remains 91% below 2021 peaks, underscoring the volatility of pandemic-era high-fliers.