Another meme stock may be stealing its glory.

Shares of Opendoor Technologies ( OPEN -15.15% ) were trading lower for the second day in a row today after hedge fund manager Eric Jackson seemed to prompt a rotation to Better Home & Finance after naming it as his next 100-bagger pick yesterday on X.

Opendoor, which had gained more than 2,000% over the last three months on a meme stock rally , continued to give up those gains and was down 10.9% as of 10:22 a.m. ET. Better Home & Finance, on the other hand, was up 27.5% at the same time.

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

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