Opendoor Technologies (NASDAQ: OPEN) is set to report its Q2 earnings on Aug. 5, following a surge in its stock price driven by meme-stock traders, up over 280% in the last month. Historically, Opendoor has seen high valuation volatility after earnings reports, with shares down 12.5% in the last year and 81% in the last five years. The company’s forward P/S ratio is around 0.3, potentially indicating room for growth. Opendoor guided for sales between $1.45 billion and $1.525 billion in Q2, with meme momentum likely affecting stock performance post-earnings. Share dilution from selling new stock could impact meme momentum.

Read more at Yahoo Finance: Should You Buy Opendoor Technologies (OPEN) Stock Before Aug. 5? Here’s What History Says.