Opendoor Technologies Inc's stock surged in pre-market trading, driven by heightened social media discussions and retail investor enthusiasm. The company's shares have experienced a substantial rise, accumulating over 230% within the month, including a 15.76% jump in a single trading session. The surge in trading activity, including a record number of bullish options contracts and the involvement of a tech-focused hedge fund, reflects the influence of social media and retail investors on current market trends. This momentum indicates a meme stock frenzy and strong investor optimism towards Opendoor's future performance.