Why Opendoor Stock Has Peaked

Opendoor Technologies, an online real estate platform, experienced a significant surge in stock price earlier this year due to a short squeeze and the appointment of new CEO Kaz Nejatian and chairman Keith Rabois. However, the big meme stock push has come and gone, and there is less buzz around the company. Other meme stocks, such as Beyond Meat, are now capturing attention. Opendoor's major catalysts have already occurred, and the company will need to execute operationally to continue driving the stock higher.