Opendoor Q2 Preview: Newly Minted Meme Stock Tries To Win New Investors With Results, Turnaround Efforts
1. Opendoor expects $1.50 billion in Q2 revenue, slightly down YoY. 2. The company has beaten earnings estimates in nine out of ten quarters. 3. Strong interest from investors and social media could boost stock momentum. 4. Opendoor maintains compliance with Nasdaq listing rules. 5. Short interest in Opendoor is high at 22.1% of the float.