How WallStreetBets is changing the way investors are judging stocks

How WallStreetBets is changing the way investors are judging stocks

hares of Rocket Companies rallied more than 70% on Tuesday in a surprising move on no apparent news. The online mortgage provider currently has large short bets placed against it by hedge funds and appears to have garnered some bullish interest from day traders on Reddit’s infamous WallStreetBets chat room. Joanne Lipman, journalist and distinguished journalism fellow at the Institute for Advanced Study in Princeton, and Emily Glazer, reporter at the Wall Street Journal, joined “Squawk Box” on Wednesday to discuss.

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