World Rocket Companies share price jump: is Rocket Companies the new GameStop?
When 60 Minutes’ Hysteria Nearly Shot Down a NASA Mission to Saturn
Few impediments could have been more severe. For a spacecraft to reach the Jovian system with enough speed to eventually achieve orbit around Europa, it had to either launch from a powerful rocket (which NASA lacked, limiting spacecraft to a space shuttle deployment) or be absurdly light (which the required radiation armor rendered impossible). JPL engineers dashed out hastily written equations in chalk before driving fists against blackboards in fits of despair. © Provided by The Daily Beast NASA/JPL-Caltech/Space Science Institute via Getty Nothing for NASA was ever free… except for gravity assists.
After the GameStop hype, another heavily shorted stock has risen massively in the past few days. Does the WallStreetBets movement have a new favorite?
• Rocket Companies share rises massively
• Strong short interest in Rocket Companies share
• Do the markets see GameStop 2.0?
The WallStreetBets movement, a group of retail investors who joined forces on a Reddit sub-forum to buy heavily short stocks from hedge funds and force a short squeeze, caused turmoil in the financial markets in January. With concerted purchases, they have caught short sellers on the wrong foot and sometimes even put them in financial distress.
Biden, Iraqi PM discuss recent rocket attacks in phone call
The Iraqi PM and the US president say those responsible for recent rocket attacks should be ‘held fully to account’.“The President affirmed US support for Iraq’s sovereignty and independence, and commended the Prime Minister’s leadership,” the White House statement said on Tuesday.
The movement quickly spread to a number of other stocks where hedge funds had been betting on falling prices:Massive price jump also at Rocket Companies or were just a few of the cheap stocks that got a stock market hype within a short period of time.
In the last few days events seem to be repeating themselves: With, another stock that had previously been in a sideways movement at a low level for months, suddenly showed massive price fluctuations. Within just a few trading days, the company's share price has doubled, and since Friday the price on the NYSE has been around 110 percent. In Tuesday trading alone, Rocket Companies stocks rose 71.19 percent to $ 41.60 after hovering around the $ 20 mark for months.
Hot Stocks today: Vectron Systems, GameStop and AMC Entertainment
Today the finanzen.net Hot Bets Podcast is about POS system provider Vectron, the renewed fluctuations in GameStop and AMC Entertainment. Here again, small investors have their fingers in the game. © Provided by Finanz.net TORU YAMANAKA / AFP / Getty Images In the finanzen.net Hot Bets Podcast we inform you about current trading opportunities with hot stocks and other securities. Our new podcast today is about Vectron Systems, GameStop and AMC Entertainment.
Rocket Companies: GameStop 2.0?
observers were immediately compelled to draw parallels with thehype. Indeed, there are obvious similarities between the two shares.
Like GameStop, Rocket Companies is a stock that is being sold heavily short. According to FactSet, around 40 percent of available stocks have been sold short, catapulting the company high on the list of US companies in terms of the size of hedge funds' short bets. In view of the significant price jump - as in the case of GameStop - short sellers could now be forced to stock up on Rocket Companies shares in order to limit their losses, which should additionally fuel the price development.
And another parallel to GameStop can be seen: Apparently Rocket Companies has moved into the focus of the WallStreetBets movement, because in the Reddit sub-forum there were numerous mentions of the title and also onthe share certificate was discussed much more often than before .
Afterpay built its business by getting consumers to take on debt, now it wants to help them budget
Afterpay's share price is up 1,400 per cent and Zip more than 800 per cent since their March lows, but are the two Australian buy now, pay later firms set for global domination or a big fall?Thanks to a growing global base of millennials and Gen Z customers who keep ditching their credit cards in favour of the buy now, pay later platform, Afterpay has become the new darling of Australia's share market.
"We believe trading in the stocks reflects Reddit activity as we've seen other stocks recently," CNBC quoted Donald Fandetti, an analyst atNot entirely without price-moving news . However, the expert does not expect the share price development to continue over the long term: "We are assuming that the shares will normalize and trade on fundamentals again, but the timing is uncertain".
Unlike GameStop, however, the Rocket Companies recently had positive corporate news that could at least partially explain the bullish investor sentiment: The online mortgage provider recently reported surprisingly strong quarterly figures. Business development in the fourth quarter was significantly better than expected on the market: The company, which only went public in August 2020 and made a rather subduedThe price jump of the past few days can only be partially explained by the positive business figures, experts believe in view of the parallels to the GameStop events. editors finanzen.net
Tesla models in Japan: Model 3 is almost a quarter cheaper .
In the past few months there have been smaller price reductions for the Model 3 in various countries - now Elon Musk is also reducing the price in Japan: the variants are up to a quarter of the e-car cheaper. What's behind it? © Provided by Finance.net ASIF HASSAN / AFP / Getty Images • Tesla price reductions in several countries • Model 3 Long Range in Japan 24 percent cheaper in February • Price reductions serve to strengthen Tesla's position in the market A few weeks ago, Tesla CEO Elon Musk