Opendoor Stock Skyrockets 1300% Amid Meme Hype – Will the Rally Survive the Housing Slump?
The 1300% Rally and Meme Stock Frenzy Opendoor’s stock has experienced a jaw-dropping rally in 2025, transforming from a penny-stock into a retail trading sensation. After languishing below $1 per share through mid-year (and drawing a Nasdaq delisting warning), OPEN caught fire over the summer. A coalition of individual investors on Reddit and X (formerly Twitter) began touting Opendoor as the next big “meme stock,” similar to past hits like GameStop and AMC nasdaq.com. This social-media enthusiasm, combined with activist investor pressure, ignited a massive short squeeze and sent Opendoor shares rocketing up around 1,300% from their lows nasdaq.com. The