Opendoor Stock May Decline to $0

Opendoor Technologies (NASDAQ: OPEN) has experienced significant stock volatility, peaking over $34 in 2021, dropping below $1 in July, and currently trading near $8. Short-sellers are skeptical of the recent recovery, attributing it to unrealistic profit expectations, prompting management to counter by granting warrants to shareholders to deter short-selling and launching a three-point plan aimed at achieving profitability within a year.

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