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restoring compliance with the Nasdaq’s minimum listing requirements.Here’s What Happened the Last Time Novo Nordisk Stock Was This OversoldAs SoFi Raises 2025 Guidance, Should You Buy, Sell, or Hold SOFI Stock Here?Earnings Will Be ‘Worse Than Expected’ for UnitedHealth. How Should You Play UNH Stock Here?Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines.Opendoor stock rallied past $3 last week, but has since pared back some of the retail-driven gains and is now trading at about $2 only.www.barchart.comRegaining compliance with the Nasdaq’s minimum listing requirements is a positive signal for OPEN stock primarily because it eliminates the immediate risk of delisting, which could have triggered forced selling.Moreover, delaying the reverse split demonstrates management’s confidence that the stock can recover organically, protecting existing shareholders from dilution.This perceived stability enables OPEN to focus on operational execution and capitalize on bullish momentum.Simply put, it serves as a breather for Opendoor shares that have long been struggling with eroding investor confidence.While delaying the reverse stock split is a constructive development, it’s hardly an adequate reason to build a position in Opendoor stock as the company lacks strong fundamentals to warrant an investment.In its latest reported quarter, the online platform that streamlines buying and selling of residential properties continued to lose money and recorded a 2% year-over-year decline in revenue.While recent gains may tempt opportunistic investors, the underlying risks of owning OPEN shares remain substantial given it’s a penny stock and is, therefore, especially vulnerable to manipulation.Opendoor Technologies sits in the volatile corner of the market where price swings are often driven more by hype than fundamentals.Finally, investors should remain on the sidelines in Opendoor stock also because it’s not a particularly well-liked name among Wall Street analysts.The consensus rating on OPEN shares currently sits at “Hold” only with the mean target of $1.14 indicating potential downside of another 45% from here.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,367.00 -7.25 (-0.11%)Dow Futures44,260.00 -45.00 (-0.10%)Nasdaq Futures23,329.50 -35.50 (-0.15%)Russell 2000 Futures2,220.40 +0.20 (+0.01%)VIX16.72 +1.24 (+8.01%)Gold3,338.20 -10.40 (-0.31%)PortfolioSign in to access your portfolioSign inTop gainersNEGG Newegg Commerce, Inc. 63.79 +18.82 (+41.85%)APLD Applied Digital Corporation 13.14 +3.11 (+31.01%)FRGE Forge Global Holdings, Inc. 21.92 +5.10 (+30.32%)AMSC American Superconductor Corporation 56.85 +12.91 (+29.38%)PI Impinj, Inc. 154.58 +32.37 (+26.49%)Top losersALGN Align Technology, Inc. 129.01 -74.56 (-36.63%)CFLT Confluent, Inc. 17.73 -8.68 (-32.86%)BAX Baxter International Inc. 21.76 -6.29 (-22.42%)SPSC SPS Commerce, Inc. 108.87 -30.69 (-21.99%)KEX Kirby Corporation 95.31 -24.69 (-20.58%)Most activeNVDA NVIDIA Corporation 177.87 -1.40 (-0.78%)APLD Applied Digital Corporation 13.14 +3.11 (+31.01%)NIO NIO Inc. 4.8700 +0.3600 (+7.98%)SOFI SoFi Technologies, Inc. 22.58 +0.71 (+3.25%)F Ford Motor Company 11.07 +0.20 (+1.84%)Earnings eventsTrending tickersFIG Figma, Inc. 115.50 +82.50 (+250.00%)AAPL Apple Inc. 207.57 -1.48 (-0.71%)AMZN Amazon.com, Inc. 234.11 +3.92 (+1.70%)RDDT Reddit, Inc. 160.59 +11.26 (+7.54%)COIN Coinbase Global, Inc. 377.76 +0.28 (+0.07%)Top economic events