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Shares of Rocket, UWM Holdings rise sharply in early trade


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(Reuters) - A wild rally in shares of Rocket Companies that saw the stock rise 70% in an apparent short squeeze has attracted fresh bets that the stock price will decline.
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Shares of Rocket, the parent of mortgage lender Quicken Loans, were down 31.7% to $28.43 in afternoon trading on Wednesday. The heavily-shorted stock had surged more than 70% on Tuesday in a move that analysts said was likely sparked by bearish investors unwinding bets against the stock as its share price surged.
However, the stock’s gains appear to have drawn more investors betting against Rocket’s shares.
The value of Rocket shares shorted stood at $2.04 billion as of Tuesday’s close, accounting for 45.15% of the float, according to Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. ....

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Irish housebuilder Glenveagh sees "huge" demand as mortgage approvals rise


路透新闻部
3 分钟阅读
DUBLIN, Feb 26 (Reuters) - Irish housebuilder Glenveagh Properties said on Friday it is seeing huge demand for new homes, as data showed that mortgage approvals in Ireland rose in January despite the country being back in a strict COVID-19 lockdown.
Glenveagh, which chiefly builds homes in and around Dublin, reported an operating loss for 2020 of 12.7 million euros compared to a profit of 29.4 million euros a year earlier after building sites were shut due to COVID-19 restrictions during one of its usually most productive times of the year.
However, it said there has been a limited impact on housing demand as the pandemic has disproportionately hit younger, low income workers and led to a record spike in savings among those still working. ....

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