Opendoor shares (ticker: $OPEN) experienced a downturn after failing to maintain momentum from a recent surge fueled by attention on WallStreetBets. The online forum, known for its role in the GameStop short squeeze of 2021, has heavily discussed Opendoor, leading to speculative trading activity. However, the rally proved unsustainable, and the stock price has since declined, highlighting the volatility and risk associated with meme stock investments.