https://images.wsj.net/im-04514107?size=1.5

Individual traders and social-media influencers pushed to oust the CEO of Opendoor Technologies, and got what they wanted.

Stocks

Reporter

The army of retail traders who rallied around 

AMC Entertainment

GameStop

 a few years ago recently set their sights on 

Opendoor Technologies

. They got the stock up, which is par for the course. Then they turned on Chief Executive 

Wheeler’s ouster showed the renewed power of these investor mobs, who are starting to make demands on their favorite stocks much as traditional activist shareholders do—only with more online memes and name calling.   

A Band of Retail Investors Powered the Meme-Stock Rally. Now They’re Flexing.

83A16E78-18D3-4AC6-B2EC-300E0902A6E0

https://m.wsj.net/video-atmo/20250829/83a16e78-18d3-4ac6-b2ec-300e0902a6e0/1/opendoorhead_1000.mp4

OPENDOOR

Individual traders and social-media influencers pushed to oust the CEO of Opendoor Technologies, and got what they wanted

Jack Pitcher

Carvana

Financial Performance

Share Price Movement/Disruptions

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Shrisha Radhakrishna

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Stock Market

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A Band of Retail Investors Powered the Meme-Stock Rally. Now They’re Flexing. 

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