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Democrat Rep Tom Malinowski failed to disclose stock trades

Tom Williams/CQ-Roll Call, Inc via Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Rep. Tom Malinowski s office blamed an oversight on his failure to disclose stock trades.  By law, members of Congress must publicly disclose their personal stock trades within 45 days. Failure to publicly report such stock trades may result in investigations or fines. Government transparency has been a cornerstone of Rep. Tom Malinowski s congressional tenure. But the two-term New Jersey Democrat failed to publicly disclose dozens of personal stock trades, an apparent violation of the federal STOCK Act, according to an Insider review of US House financial documents and interviews with Malinowski s congressional office.

Rocket Companies Overtakes GameStop, Palantir As WallStreetBets Top Interest

The Reddit forum that led the short squeeze in the shares of GameStop Corp (NYSE: GME) is buzzing with discussion on new short squeeze targets. Here are the most discussed companies on r/WallStreetBets: Rocket Companies Inc (NYSE: RKT): The parent of Rocket Mortage and Quicken Loans, shot up over 71.19% on Tuesday at $41.60 but cooled down 8.17% in the after-hours trading. The company has been popping for the past week and is likely buoyant due to a short squeeze. It is also the most discussed company on r/WallStreetBets with a comment volume of 6,509 ahead of GameStop, which attracted 6,266 comments, as per SwaggyStocks data. See also: How‌ ‌to‌ ‌Buy‌ ‌GameStop‌ ‌(GME)‌ ‌Stock‌ SPDR S&P 500 ETF Trust (NYSE: SPY), an ETF, came in ahead of Palantir Technologies Inc (NYSE: PLTR) in terms of discussions. The Peter Thiel-founded company attracted 1,156 comments, while the exchange-traded fund gained 3,607 com

Rocket Companies shares soar more than 70%, hurting short sellers

Heavily shorted mortgage provider Rocket Companies saw its stock surge on Tuesday, in an eye-popping move reminiscent of the rallies that powered GameStop and other so-called meme stocks earlier in the year. Shares of Rocket, the parent company of Quicken Loans, closed up 71.2% at $41.60 after being halted several times for volatility. The outsized move puts Rocket among the stocks that have experienced wild gyrations after becoming a focus of investors on sites such as Reddit’s WallStreetBets, where mentions of the company have multiplied in recent days.

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