The meme stock has fallen more than 30% from its 52-week high.The danger of investing in meme stocks is their valuations can fluctuate wildly from one day to the next. And they can move significantly even if there aren't any big news events. This is where it can be incredibly difficult to predict the path of these types of stocks.Opendoor Technologies (OPEN +3.08%) is a prime example of a meme stock that has taken off this year. Even though its financials don't look great and the home-flipping business that ...

Shares of Opendoor Technologies have rocketed higher, thanks, in part, to a new CEO who's making bold promises.Share prices of Opendoor Technologies (OPEN 14.24%) have risen a shocking 400% so far in 2025. Most of that gain has come in just the last couple of months, which has been a time of massive change for the company.One of the biggest changes is a new CEO who has been talking up the opportunity of using artificial intelligence (AI) to improve Opendoor's business.What does Opendoor Technologies do?From ...

Signs that interest rates would soon come down helped fuel the home flipper's rally.After breaking out in July, Opendoor Technologies (OPEN 0.98%) soared again in August, climbing on the thesis that the business would turn around on new signs that the Fed would cut interest rates. Investors also reacted positively to news that CEO Carrie Wheeler would be stepping down, showing hopes that a new leader could help drive a turnaround.That general momentum was able to overcome a weak second-quarter earnings repo ...