Opendoor’s $850M Volume Plunge Sends Stock Sliding 3.96% to 125th Market Rank

Generated by AI AgentAinvest Volume Radar
Monday, Oct 13, 2025 8:25 pm ET1min read
OPEN--
Aime RobotAime Summary

- Opendoor's stock plunged 3.96% with $850M volume, a 31.43% drop from prior day.

- Market volatility and reduced liquidity likely drove the sharp decline amid no firm-specific news.

- A back-tested RSI strategy for NVDA showed -5.77% total loss, highlighting limited profitability in overbought/oversold signals.

On October 13, 2025, OpendoorOPEN-- (OPEN) recorded a trading volume of $850 million, marking a 31.43% decline from the previous day’s activity. The stock closed with a 3.96% drop, ranking 125th in overall trading volume across the market.

The underperformance coincided with broader market volatility, though no firm-specific news directly tied to Opendoor’s operations was disclosed in the provided data. Analysts noted that reduced liquidity and sector-wide risk-off sentiment may have contributed to the sharp volume contraction and price decline.

A back-tested RSI-oversold strategy for NVDA from January 1, 2022, through October 13, 2025, showed a total loss of -5.77% (-1.4% annualized) with a maximum drawdown of -8.7%. The results indicate limited profitability for a one-day holding period based on overbought/oversold signals, suggesting the strategy lacked a consistent edge during the tested timeframe.

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