Opendoor Shares Plunge 9.17 on $3.22 Billion Volume as Meme Stock Frenzy Clashes With Shrinking Home Purchases and Revenue Outlook

, 2025, , ranking 19th in the day’s market activity. , driven by speculative retail investor demand and social media-driven “meme stock” momentum. Despite the rally, , highlighting a disconnect between market enthusiasm and underlying business performance.

The stock’s extreme volatility, , . , though no formal action has materialized. , as investors shrugged off criticism and continued buying on speculation. , raising questions about sustainability.

Market participants note that Opendoor’s trading dynamics are shaped by short-term catalysts rather than long-term value. . While retail-driven momentum persists, , contributing to the sharp correction. .

To run this back-test correctly, clarify the following: universe definition (e.g., exchanges, exclusion criteria), rebalancing mechanics (equal-weighting, timing assumptions), trading frictions (commission, slippage models), capital base (starting notional), and benchmark preferences (e.g., S&P 500 comparison). These parameters will determine the accuracy and relevance of the back-test results.