To The Moon

Opendoor Technologies is emerging as the market's latest so-called meme stock, a term used to describe GameStop and AMC Entertainment during the explosion of retail investor trading four years ago.Shares of the San Francisco-based tech group that focuses on the stagnant real estate sector have nearly tripled in value over the past week. An influential investor's discussion of the company on social media appears to have triggered retail interest.There's a reason that sounds familiar. GameStop, patient zero in the meme stock craze that began in January 2021, was a struggling stock with a dying business model and a string of quarterly losses. An investor who used the moniker Roaring Kitty and was later identified as former MassMutual advisor Keith Gill, advanced a bull case for GameStop stock on Reddit's WallStreetBets community that ultimately lifted the retail company's market value from around $1.2 billion to a peak of $22.7 billion in less than a month.Short sellers bet against a comp