Opendoor Technologies: From Meme Stock Mania to Reality Check

Real Estate Tech Giant's Rally Collapses as CEO Exit and Dismal Guidance Expose Fundamental Flaws

Bottom Line: Opendoor's (OPEN) meteoric 1200% rally has reversed sharply this week, underscoring the severe challenges its iBuying model faces in a high-rate environment and the extreme volatility inherent in retail-driven meme stocks. Leadership instability and a catastrophic guidance miss have shifted the narrative from speculative potential to fundam…