Opendoor(US:OPEN) 智通财经网·2025-07-21 22:17Core Viewpoint - Opendoor Technologies has experienced a remarkable turnaround, transforming from a stock facing delisting risks to a hot topic in the U.S. stock market within a week, driven by significant trading volume and speculative interest [1][2]. Group 1: Stock Performance - On a recent trading day, Opendoor's stock price surged over 120% before experiencing a large sell-off, ultimately closing at $3.21, reflecting a daily increase of 42.67% [1]. - The trading volume exceeded 1.8 billion shares, setting a historical record and far surpassing its float of 634 million shares, indicating intense market interest in the "iBuyer" concept [1]. - Year-to-date, Opendoor's stock has risen over 100%, with a cumulative increase of more than 500% since early July [3]. Group 2: Market Sentiment and Characteristics - The stock's volatility has drawn comparisons to "meme stocks," with some investors likening it to GameStop and AMC, although EMJ Capital's founder argues that Opendoor has a legitimate business model [1][2]. - The short interest in Opendoor exceeds 20%, closely resembling GameStop's 21.4%, which is a characteristic of typical meme stocks [2]. - Call options related to Opendoor reached a trading volume of 2.2 million, double that of put options, indicating strong speculative expectations for short-term price increases [2]. Group 3: Company Background and Future Outlook - Opendoor had recently received a delisting warning from Nasdaq due to its stock price being below $1 for 30 consecutive trading days, prompting plans for a reverse stock split to elevate its price [3]. - There is a growing community of retail investors on platforms like Reddit and Stocktwits, expressing confidence in Opendoor's potential, with discussions about the stock surging significantly [3]. - The company is expected to release its earnings report in early August, with expectations of achieving positive EBITDA for the first time, which would mark a significant milestone in its transformation into a growth stock [3].