Another meme stock may be stealing its glory. Is the Opendoor rally fading? Jackson has been the unofficial leader of the Opendoor meme stock surge, originally setting it off with the argument that Opendoor could be the next Carvana, as the online used-car dealer has jumped more than 100 times since avoiding bankruptcy nearly three years ago. Changes are afoot at Opendoor, but it will take time for them to have an impact on the business. There are still good reasons to doubt the online home flipper's business model, but investors clearly want to see disruption from Nejatian.