Rocket stock soars 17% as meme frenzy sparks short squeeze buzz
Rocket Companies surged 17% amid soaring retail interest, topping Stocktwits trends with chatter up 740% in a week. Traders anticipate a short squeeze ahead of July 31 earnings, fueled by 49% short interest and optimism over Redfin and Mr Cooper deals. With retail sentiment at 'extremely bullish' and Reddit echoing 2021 vibes, some see RKT surpassing its all-time highs.