Rocket Companies fell more than 17%

老虎资讯综合2021-03-03

(March 3) RKT fell more than 16% in early trading.

The stock had soared a one-day record 71.2% on Tuesday on record volume of 376.6 million shares, and ran up 109.0% amid a three-day win streak, after the real estate services company reported better-than-expected fourth-quarter results and announced a special dividend of $1.11 a share. The company is presenting later Wednesday at the Morgan Stanley Technology, Media and Telecom Conference. S3 Partners said Tuesday that the stock's recent rally and short-selling activity, in which short interest increased during the rally, was "reminiscent of another recent highflying 'meme' stock -- GameStop Inc." . Rocket's stock has advanced 104.8% over the past three months through Tuesday, while the S&P 500 has gained 5.6%.

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Comments

  • koro
    2021-03-04
    koro
    Love it that they can say anything is a meme stock as long it soars abnormally .
  • WayneLo
    2021-03-04
    WayneLo
    What goes up, must come down...
  • PJoo
    2021-03-04
    PJoo
    This Rocket is not going up. 
  • Stephen_Ong
    2021-03-04
    Stephen_Ong
    Wat ur comment ??
  • Stockjls
    2021-03-04
    Stockjls
    Like
  • Yusri
    2021-03-04
    Yusri
    Oh no..
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