Opendoor Technologies has become a meme stock sensation after hedge fund manager Eric Jackson predicted its potential for a 100-fold increase in value, setting a price target of $82 per share. However, some market pros are skeptical, citing the company’s declining revenues and negative earnings. Retail traders are onboard, but institutional investors remain cautious. While the stock has seen a massive surge, experts warn that sustaining this rally may be challenging due to the company’s current fundamentals and broader economic trends. If interest rate cuts do not spur significant housing growth, Opendoor’s share price may not be sustainable in the long run.

Read more at Yahoo Finance: 3 market experts tell us why they’re skeptical about retail traders’ favorite meme stock