Opendoor's Trading Volume Hits 11.45 Billion, Ranks 78th in Market

On July 18, 2025, Opendoor's trading volume reached 11.45 billion, ranking 78th in the day's stock market. Opendoor (OPEN) surged by 36.36%, marking its fifth consecutive day of gains and a 188.83% increase over the past five days.

Opendoor's shares experienced a significant surge this week, marking their best weekly performance since the company's stock market debut in late 2020 through a SPAC. This remarkable rally has been driven by a combination of factors, including increased investor interest and positive market sentiment.

Opendoor has undergone a transformation, emerging as a much smaller company. Since 2022, the company has been purchasing fewer than 4,000 homes per quarter, a stark contrast to the 15,000 homes it acquired during its peak periods. This shift in strategy reflects the company's efforts to adapt to changing market conditions and focus on sustainable growth.

The meme stock rally has continued to impact Opendoor's stock, with the company experiencing significant volatility. Despite opening higher, the stock has shown fluctuations in regular trading, reflecting the broader market trends and investor sentiment towards meme stocks.