Rocket Companies Overtakes GameStop, Palantir As WallStreetBets' Top Interest - Rocket Companies (NYSE:RKT)

The Reddit forum that led the short squeeze in the shares of GameStop Corp GME is buzzing with discussion on new short squeeze targets.

Here are the most discussed companies on r/WallStreetBets:

Rocket Companies Inc RKT: The parent of Rocket Mortage and Quicken Loans, shot up over 71.19% on Tuesday at $41.60 but cooled down 8.17% in the after-hours trading.

The company has been popping for the past week and is likely buoyant due to a short squeeze. It is also the most discussed company on r/WallStreetBets with a comment volume of 6,509 ahead of GameStop, which attracted 6,266 comments, as per SwaggyStocks data.

SPDR S&P 500 ETF Trust SPY, an ETF, came in ahead of Palantir Technologies Inc PLTR in terms of discussions. The Peter Thiel-founded company attracted 1,156 comments, while the exchange-traded fund gained 3,607 comments on the discussion board. Late last month, Palantir was the most discussed company on WallStreetBets.

AMC Entertainment Holdings Inc AMC, which was one of the stocks that rose along with GameStop earlier in the year when the short squeeze frenzy was at its peak, came in ahead of Elon Musk-led Tesla Inc TSLA in terms of comments. AMC collected 1116 comments, 454 more than the automaker.

Nio Inc NIO trailed Tesla in comment volume by a mere two comments at 660 comments. The Chinese automaker reported wider Q4 losses of RMB 0.93 or 14 cents than Street estimates of 7 cents.

Other hotly discussed stocks on the discussion board included Fubotv Inc FUBO, Apple Inc AAPL, and Sundial Growers Inc SNDL.

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