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UPDATE 1-Jefferies analysts stand out with big GameStop target price hike

UPDATE 1-Jefferies analysts stand out with big GameStop target price hike
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Jefferies dramatically increases GameStop price target

Jefferies dramatically increases GameStop price target
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Shares of Rocket, UWM Holdings rise sharply in early trade

3 Min Read
(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.
Slideshow ( 2 images )
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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Shares of Rocket, UWM Holdings rise sharply in early trade - Netscape Money & Business

Shares of Rocket, UWM Holdings rise sharply in early trade - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

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Rocket shares soar more than 70% as analysts eye 'GameStop-esque' short squeeze

4 Min Read
(Reuters) - Heavily shorted mortgage provider Rocket Companies saw its stock surge on Tuesday, in an eye-popping move reminiscent of the rallies that powered GameStop GME.N and other so-called meme stocks earlier in the year.
FILE PHOTO: A banner celebrating Rocket Companies Inc., the parent company of U.S. mortgage lender Quicken Loans, IPO is seen on the front facade of the New York Stock Exchange (NYSE) in New York City, U.S., August 6, 2020. REUTERS/Brendan McDermid
Shares of Rocket, the parent company of Quicken Loans, closed up 71.2% at $41.60 after being halted several times for volatility. More than 367 million shares changed hands in the stock’s busiest trading day ever. ....

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