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Rocket Companies (RKT) delivered earnings and revenue surprises of 60% and 25.74%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
RKT stock was a heavily mentioned short squeeze candidate among the Wall Street Bets community. Investors considering buying RKT stock today can follow these simple steps. Rocket Companies Inc (NYSE: RKT) reported Thursday morning first quarter results that disappointed investors and sent RKT stock lower by 13%. The US-based online mortgage company was a short squeeze candidate shortly after its initial public offering. Rocket Companies stock gained more than 70% in one day alone in early 2021 as the Wall Street Bets community capitalized on RKT short interest of around 40%. Now that Rocket C...