---
title: "Opendoor Attacked By Short Seller—Stock Pops Anyway"
description: "Opendoor Technologies, Inc. (NASDAQ:OPEN) faced criticism from Citron Research, which labeled it a \"stock promo\" and criticized its business model. Despite this, Opendoor's stock rose over 8% on heavy"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/256172782.md"
published_at: "2025-09-05T16:48:10.000Z"
---

# Opendoor Attacked By Short Seller—Stock Pops Anyway

> Opendoor Technologies, Inc. (NASDAQ:OPEN) faced criticism from Citron Research, which labeled it a "stock promo" and criticized its business model. Despite this, Opendoor's stock rose over 8% on heavy trading volume, reflecting investor resilience. The stock has surged more than 420% in the past six months. Citron also highlighted LoanDepot, Inc. (NYSE:LDI) as undervalued, suggesting a $5 per share valuation for its mortgage servicing division. At the time of publication, Opendoor shares were trading at $6.45.

**Citron Research**, led by famed short-seller Andrew Left, targeted **Opendoor Technologies, Inc.** (NASDAQ:OPEN) in a social media post on Friday. Opendoor investors shrugged off the attack, and the stock climbed.

-   *OPEN stock is running again.* See the real-time chart here. 

Citron called Opendoor a "stock promo and a science project in how to burn money" while promoting its more favorable view on **loanDepot, Inc.** (NYSE:LDI). 

**Read Next:** Joby’s 38% Stock Plunge Is Ugly—But The Pentagon Might Be Interested

Citron continued bashing Opendoor's business model, saying: 

"OPEN offers many ways to lose:

– No way to capitalize on AI to scale margins or defend share.

– Housing is low margin — a 1–2% swing wipes out profits.

– Capital heavy — billions tied up in inventory with no guarantee of resale.

– Competition — Zillow already tried & failed at this model.

– And with its cash burn, expect massive dilution soon.

The business model is not broken….it has never worked."

> Citron will continue to update the market on $LDI and its march higher….but in the meantime let's go back to the roots.  
>   
> Unlike $LDI, which is undervalued and offers many ways to win, $OPEN is nothing more than a stock promo and a science project in how to burn money.$OPEN…
> 
> — Citron Research (@CitronResearch) September 5, 2025

Opendoor investors largely brushed off the comments as OPEN shares dipped initially, but rebounded quickly. 

The stock was up by more than 8% on very heavy trading volume Friday, according to data from Benzinga Pro. The retail investor-led rally has driven Opendoor stock up by more than 420% over the past six months. 

LoanDepot shares also rallied following Friday's posts from Citron Research stating the market is pricing LDI like a "busted originator," ignoring its valuable mortgage servicing division. 

The firm placed a $5 per share valuation on that division alone, more than double the stock's recent trading price. 

**OPEN Price Action:** According to data from Benzinga Pro, Opendoor shares were up 8.27% at $6.45 at the time of publication Friday. 

**Read Next:** 

-   Looking For The Next Opendoor? Try These 5 Stocks Eric Jackson Holds 

*Photo: Shutterstock*

### Related Stocks

- [OPEN.US - Opendoor Tech](https://longbridge.com/en/quote/OPEN.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| As Opendoor Touts Sweeping Job Cuts, Turnaround Plans, How Should You Play OPEN Stock? | As Opendoor Touts Sweeping Job Cuts, Turnaround Plans, How Should You Play OPEN Stock? | [Link](https://longbridge.com/en/news/257599141.md) |
| Jane Street Is Betting Big on Opendoor Stock. Should You? | Jane Street Is Betting Big on Opendoor Stock. Should You? | [Link](https://longbridge.com/en/news/259115056.md) |
| Opendoor - OPEN Stock To $3? | Opendoor Technologies (NASDAQ: OPEN) has seen its stock surge nearly 285% in 2025, reaching around $6 per share. However | [Link](https://longbridge.com/en/news/256904837.md) |
| Opendoor Stock Is Trading Lower Monday: What's Happening? | Opendoor Technologies Inc shares fell 9.12% to $8.70 on Monday after hedge fund manager George Noble criticized the comp | [Link](https://longbridge.com/en/news/258407336.md) |
| Opendoor Technologies Inc. (OPEN) Is A Comany That Flips Houses, Says Jim Cramer | Jim Cramer recently highlighted Opendoor Technologies Inc. (NASDAQ:OPEN) as a notable stock, particularly emphasizing it | [Link](https://longbridge.com/en/news/257156276.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.