Shares of $OPEN have experienced a remarkable rally in recent days, with the stock price surging from $1.78 to $3.77 within a week and reaching highs not seen since January 2024. On August 18, 2025, $OPEN closed at its highest level since early 2024, buoyed by strong trading volumes exceeding 400 million shares, placing it among the top three most actively traded stocks. The company recently achieved EBITDA profitability and avoided delisting from Nasdaq, factors that have contributed to heightened investor interest. Short interest remains elevated at 23%, with utilization near 94% and 355 million shares on loan, fueling speculation of a potential short squeeze. Year-to-date, $OPEN is up 137%, outperforming all components of the S&P 500 and Nasdaq-100 indices, despite still being down approximately 90% from its all-time highs set several years ago. Market sentiment remains bullish, with some investors anticipating a breakout above $5, potentially driving the stock to $8-$10. Derivatives activity has also intensified, with open interest increasing by about 10% and at least $3.18 billion attributed to new positions. The stock is characterized as a "cult" name, drawing comparisons to other high-growth companies like Tesla and Palantir that have demonstrated sustained compounding returns over time.