Should Investors Close the Door on Opendoor?

The iBuyer is reinventing itself under new leadership, but the business model still leaves much to be desired.Opendoor Technologies (OPEN +0.39%) surged in mid-2025 on a social media and meme stock wave. Now the company is pushing to separate from the online hype and prove itself worthy of buy-and-hold investors. Still, Opendoor's underlying business is highly speculative and too unproven in a difficult housing market.Amid declining revenue, Opendoor's new CEO, Kaz Nejatian, is attempting to pivot and rebra ...