![]() "I have been a huge fan of Jay Farner and Dan Gilbert. … When people see that, they think you can bust the sellers," CNBC's Jim Cramer said Tuesday on "Squawk on the Street," while adding he actually likes Rocket Companies' management and business fundamentals. Still, it remains to be seen whether there is the kind of social groundswell that could keep momentum going in Rocket shares. Meme-driven chatter on Rocket was not nearly as intense as seen on GameStop, according to AI firm Accrete. Najarian cited a jump in Rocket options trading volume following increased mentions on Reddit. These men and women are back and they're into this one in a big way," said Najarian, co-founder of Market Rebellion who has call positions in Rocket Companies and put positions in GameStop. "Our beta-tested social media stuff right now picked up on yesterday some really just hugely bullish comments over on the Reddit board WallStreetBets again. Najarian, a panelist on CNBC's " Halftime Report" known for spotting unusual activity in the options market, said on Tuesday's show that his interest in Rocket Companies was piqued a day earlier. The jump in Rocket Companies shares Tuesday did not catch trader Jon Najarian by surprise. We expect the shares to normalize and again trade on fundamentals, however the timing is uncertain."įandetti has an equal weight rating on the stock. "We noted our incrementally more positive view, but not good enough to support this move which is the third trading day after earnings. "We believe the trading reflects retail/Reddit activity like we've seen in other stocks recently," wrote Wells Fargo analyst Donald Fandetti on Tuesday. $1.7M all-in, let's gooo YOLO," and it quickly drew more than 1,700 comments. Personal Loans for 670 Credit Score or LowerĪ number of popular posts Tuesday on the WallStreetBet chat room featured Rocket. Personal Loans for 580 Credit Score or Lower ![]() Best Debt Consolidation Loans for Bad Credit
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