Opendoor (OPEN) shares dropped after reporting a decline in revenue and widened losses for Q3, with expectations of further losses in Q4. Despite the stumble, the stock is trading well above its price in June, driven by meme stock enthusiasts. The new CEO plans to achieve profitability by the end of next year by implementing changes like AI-powered operations. Insiders have been buying shares, indicating confidence in the company’s future. However, Wall Street recommends caution due to meme stock status, with a “Hold” rating and potential downside from current levels.

Read more at Barchart: Should You Buy the Post-Earnings Dip in Opendoor Stock?