Opendoor shares turn negative as hyped real estate stock fails to sustain meme rally
Publishing timestamp: 2025-07-22 12:36:05
Summary
Opendoor Technologies saw a surge in stock price driven by Reddit-obsessed retail traders, but the speculative run ran out of steam. Kohl's also saw a significant increase in share price. Opendoor's meteoric rally was fueled by heavy options trading and short-covering. Berkshire Hathaway is underperforming after news of Buffett's exit.
Sentiment: MIXED
Keywords: markets, wall street, investment strategy, opendoor technologies inc, kohls corp, stock markets, breaking news: business, breaking news: investing, breaking news: markets, business news, real estate,