Tag: Stocks
-
As Rocket Companies jumped over 70% yesterday, short sellers are feeling the pain: A surge in the shares of U.S. mortgage provider Rocket Companies on Tuesday is estimated to have inflicted losses of $813 million on short-sellers, data from financial analytics firm Ortex showed. More here. Given that this is…
-
Shares in Rocket Companies jumped over 70% today, and that optimism is also reflected in the options market: RKT stock was one of the most active stocks in the options market yesterday with total volume of over 365,000 contracts. Call option volume outpaced puts by a ratio of 6-to-1. Overall…
-
Rocket Companies, a mortgage originator, has returned solid profits in 2020’s hot real estate market: Boosted by the boom in mortgage refinancing activity, the company had $15.7 billion in total revenue, or more than triple its $5.1 billion revenue in 2019. Its net income, or profit, skyrocketed to $9.4 billion…
-
Government bond yields are increasing in many countries, including the US. Australia is already taking action. Europe and Japan also appear to be close: This morning, Australian three-year government bond yields reached as high as 0.15% at the market open, far above the 0.1% ceiling established by the Reserve Bank…
-
+
+
+
+
+
+
Buy GameStop! New research indicates that bots are pumping GameStop shares on Twitter, Facebook, and Instagram: PiiQ said it identified very similar daily “start and stop patterns” in the GameStop-related posts, with activity starting at the beginning of the trading day, followed by a large spike at the end of…
+
+
+
+
+
+
+ Business+ Blockchain, Cryptocurrency, Dogecoin, Gamestop, Investing, Markets, Reddit, Stock Market, Stocks, Wallstreetbets+
+
+
+
+
+
+
+
+
+
+
+
-
+
+
+
+
+
+
As COVID forced AMC to close all its movie theaters in the spring of 2020, it played hardball with its landlords in order to survive. From a letter to landlords: “Without revenue from its theatres,” the letter continues, “AMC will cease paying rent and charges under the lease effective as…
-
GameStop shares have tripled in under 24 hours. Naturally, the blue chip investors behind the rise had a solid case for their optimism. After all, what about the ice cream cone? Believe it or not, a GameStop board member posting a picture of a McDonald’s ice cream cone is one…
-
+
+
+
+
+
+
AMC burnt over $900 million in the first 9 months of last year*. That presented a bit of a problem. They had just $429 million in cash left going in the fall of 2020, and that would be gone in a matter of months. So, to stave off bankruptcy, AMC…
-
The lock-up that stopped insiders at Palantir Technologies from selling their shares recently expired. And boy, are they excited! Palantir stock sank as much as 13% on Tuesday after regulatory filings showed the company’s co-founder Stephen Cohen and two other top executives offloaded 2.7 million shares. And they’re not the…
-
Citadel CEO Ken Griffin claims that even though they pay Robinhood to execute their trades, investors are getting a better deal than they would in public stock markets: Citadel CEO Ken Griffin said Thursday that the system has been “very important to the democratization of finance. It has allowed the…