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Rocket Companies Overtakes GameStop, Palantir As WallStreetBets' Top Interest

Rocket Companies Overtakes GameStop, Palantir As WallStreetBets' Top Interest

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

Here are the most discussed companies on r/WallStreetBets:

Rocket Companies Inc (NYSE: 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.

See also: How‌ ‌to‌ ‌Buy‌ ‌GameStop‌ ‌(GME)‌ ‌Stock‌

SPDR S&P 500 ETF Trust (NYSE: SPY), an ETF, came in ahead of Palantir Technologies Inc (NYSE: 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 (NYSE: 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 (NASDAQ: TSLA) in terms of comments. AMC collected 1116 comments, 454 more than the automaker. 

Nio Inc (NYSE: 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 (NYSE: FUBO), Apple Inc (NYSE: AAPL), and Sundial Growers Inc (NASDAQ: SNDL). 

Related Links: FuboTV Reports 2020 Revenue Up 83%, Lays Out Sports Betting Launch Timeline

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Posted-In: Reddit Retail Investors Short Squeeze wallstreetbetsNews Penny Stocks Best of Benzinga

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