Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul class="summary-list"><li><keyword id="10658052" type="UNKNOWN" weightage="60" keywordseo="wall-street-bets">Wall Street Bets</keyword> traders claim to be pouring thousands of dollars into a company called <keyword id="11298789" type="UNKNOWN" weightage="60" keywordseo="uwm-holdings">UWM Holdings</keyword>.</li><li>Shares of the mortage lender are "undervalued and over shorted," one Redditor told Insider.</li><li>Social media sentiment around the stock is largely positive, <a href="https://www.hypeequity.com/home?gclid=CjwKCAjwtJ2FBhAuEiwAIKu19tXWsPClo4cAOkgl_uJGeQKluIkqPn8iE2NovS187Ff4vIyqSnTmQhoCmGEQAvD_BwE">Hype Equity data show</a>.</li></ul>Some retail traders on <keyword id="334157" type="COMPANY" weightage="60" keywordseo="Reddit">Reddit</keyword>'s infamous Wall Street Bets page are going all-in on mortgage lender <a href="https://www.businessinsider.com/uwm-ceo-mat-ishbia-no-meeting-thursdays-routine-2021-2">UWM Holdings</a> at a time when the stock is heavily shorted.In the past week, one Redditor claimed they went "all in," pouring $200,000 into the stock. Another claimed to have invested $43,000 with hopes of replacing their Honda Civic with a sports car. Another said they invested $140,000. Posts on the subject received thousands of upvotes, aka likes.One Redditor, who got 463 upvotes on his post, said the short squeeze in UWM stock is "<a href="https://www.reddit.com/r/wallstreetbets/comments/ncghyg/uwmc_short_squeeze_imminent/">imminent</a>." In a response to Insider, the Redditor, who asked to remain anonymous, said the stock is "undervalued and over shorted," adding that "they have a good CEO, and post-COVID mobility should put houses back on the market."The Redditors did not immediately reply to Insider's request for comment or verification.On social media, sentiment around the stock is largely positive, according to data from Hype Equity, as 70% of conversations lean bullish. According to the data, the term "short squeeze" is part of 10% of the conversations and buying shares or calls is part of 11%. Retail traders from Wall Street Bets, known for creating the <a href="https://markets.businessinsider.com/news/stocks/mormon-church-100-billion-fund-gamestop-stock-gain-tesla-stake-2021-5-1030442617">GameStop share saga</a> that began earlier this year, have begun a trend of flooding into heavily shorted stocks like AMC Entertainment and BlackBerry in an effort to <a href="https://markets.businessinsider.com/news/stocks/melvin-capital-closes-out-public-short-positions-after-gamestop-losses-2021-5-1030447490">squeeze short-sellers</a>. If they're forced to close their positions by buying shares, that pushes the stock higher.The Pontiac, Michigan-based mortgage lender, is shorted 13% of its float, according to <a href="https://www.marketbeat.com/stocks/NYSE/UWMC/short-interest/#:~:text=to%20its%20competitors%3F-,13.10%25%20of%20UWM%20Holdings%20Co.,shares%20are%20currently%20sold%20short.">MarketBeat data</a>.The company went public via <keyword id="1817616" type="ORGANIZATION" weightage="60" keywordseo="SPAC">SPAC</keyword> with an eye-popping $16 billion valuation at the beginning of the year. As the nation's <a href="https://www.businessinsider.com/uwm-mortgage-company-spac-16-billion-going-public-mat-ishbia-2021-1">largest wholesale mortgage lender</a>, UWM provides the cash to finance mortgages to a network of brokers across the country instead of signing home loans directly.Since its public debut, shares have largely declined, dropping from highs around $14 to lows around $6 earlier earlier this month. The stock has since recouped some of the losses and is trading around $8.Read more: <a href="https://www.businessinsider.com/stock-picks-to-buy-amid-rising-inflation-new-momentum-ubs-2021-5" target="_blank" rel="noopener">UBS says to buy these 42 'new momentum' stocks that are poised to outperform in a rising inflation environment</a>

Reddit traders appear to be targeting a heavily shorted mortgage lender for their next squeeze

<ul><li>Shares of <keyword id="10863756" type="UNKNOWN" weightage="60" keywordseo="uwm-holdings-corporation">UWM Holdings Corporation</keyword> jumped 36% as its inclusion on the FTSE Russell list sparked social-media chatter. </li><li>The mortgage company will be added to the Russell 1000 and Russell 3000 indices. </li><li>The addition fueled social media chatter that had already been focused on mortgages following <keyword id="7671167" type="UNKNOWN" weightage="60" keywordseo="Rocket-Companies">Rocket Companies</keyword>' 71% surge in the previous session.</li><li><a href="https://newsletter.businessinsider.com/join/4np/10-things-opening-bell?utm_source=markets&amp;utm_medium=ingestgest">Sign up here for our daily newsletter, 10 Things Before the Opening Bell</a>.</li></ul><a href="https://markets.businessinsider.com/stocks/uwmc-stock">UWM Holdings Corporation</a> jumped as much as 36% to $12.45 on Wednesday after the mortgage lender's inclusion on the FTSE Russell IPO list propelled social media excitement that was already brewing around mortgage stocks following Rocket Companies' massive rally a day earlier.UWM will be added to both the Russell 1000 and Russell 3000, according to a FTSE Russell <a href="https://www.ftserussell.com/research-insights/russell-reconstitution/index-ipo-additions">announcement</a> on Tuesday. The mortgage company is one of 47 newly public companies that will be joining the indices. The Russell announcement coincided with mortgage stock excitement on <keyword id="334157" type="COMPANY" weightage="60" keywordseo="Reddit">Reddit</keyword>'s WallStreetBets forum following Rocket Companies' recent rally. <a href="https://markets.businessinsider.com/news/stocks/rocket-companies-stock-price-surges-wall-street-bets-reddit-chatter-2021-3-1030142351">Rocket spiked 71% on Tuesday</a> with some investors viewing its high short interest as a potential target for the next GameStop-like short squeeze. "Yes $RKT is absolutely mooning right now. Did you miss the RKT Rocket? Don't FOMO on the way back down to earth. Great news, there's another one on the tarmac ready for liftoff. It's name is $UWMC," one WSB user <a href="https://www.reddit.com/r/wallstreetbets/comments/lwfasi/why_uwmc_is_most_definitely_the_play/">posted</a> Tuesday night. The user also detailed UWM's strong fourth quarter earnings, dividend announcements, and addition to the Russell 1000 and 3000 indices as "catalysts" for the stock. Shares of Rocket Companies were down 9.3% Wednesday.

UWM Holdings jumps 36% as its inclusion on FTSE Russell list sparks social-media chatter

<ul><li><keyword id="334157" type="COMPANY" weightage="60" keywordseo="Reddit">Reddit</keyword>'s Wall Street Bets forum entered the mainstream during the January GameStop craze. </li><li>From GameStop to AMC Entertainment, retail investors congregating on the subreddit are a driving force in the <keyword id="6357440" type="DEFINITION" weightage="60" keywordseo="Stock-Market">stock market</keyword>.</li><li>These are the 10 most popular stocks Wall Street Bets is talking about right now.</li><li><a href="https://newsletter.businessinsider.com/join/4np/10-things-opening-bell?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingesturce=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest" target="_blank" rel="noopener">Sign up here for our daily newsletter, 10 Things Before the Opening Bell</a>.</li></ul>It's paid to follow what stocks Reddit's Wall Street Bets crowd are talking about this year, as several have gone through epic rallies and seen heightened volatility. From <a href="https://markets.businessinsider.com/stocks/gme-stock">GameStop</a> in January to <a href="https://markets.businessinsider.com/stocks/amc-stock">AMC Entertainment</a> in June, the near 11 million-member forum has driven the conversation in so-called <keyword id="10688429" type="UNKNOWN" weightage="60" keywordseo="meme-stocks">meme stocks</keyword> that have exploded higher amid overwhelming demand from retail investors. Strong demand for stocks with shaky fundamentals has <a href="https://markets.businessinsider.com/news/stocks/gamestop-hedge-fund-losses-white-square-capital-closes-down-2021-6">led to several hedge fund blowups</a> that were caught on the opposite side of the trade betting against the company in question.GameStop's short-squeeze, in-part led by the Wall Street Bets crowd, led to <a href="https://www.businessinsider.com/melvin-capital-lost-53-percent-january-after-gamestop-shares-skyrocketed-2021-1">a more than 50% drawdown in multi-billion dollar hedge fund Melvin Capital.</a> Meanwhile, the sharp rally in struggling movie theater chain AMC Entertainment <a href="https://markets.businessinsider.com/news/stocks/amc-short-seller-losses-stock-price-surge-8-day-rally-2021-6">caused billions of dollar in losses for short-sellers in May and June.</a>But while some stocks popular with the Reddit crowd have seen massive gains, some have also seen epic losses. Many meme stocks have <a href="https://markets.businessinsider.com/news/stocks/amc-gamestop-gme-stock-price-reddit-momentum-decline-meme-names-2021-7">seen accelerating declines,</a> with AMC Entertainment and GameStop <a href="https://www.businessinsider.com/post/preview?post_id=60ef37abef8e791c3b5373c4&amp;mode=desktopktop">both down more than 40% from their June highs.</a>As <keyword id="6371444" type="UNKNOWN" weightage="60" keywordseo="traders">traders</keyword> look to replicate the success of Wall Street Bets stocks, one data aggregator is compiling the most mentioned stocks on Reddit's forum. These are the top 10 stocks Reddit's <keyword id="9346197" type="UNKNOWN" weightage="60" keywordseo="wallstreetbets">WallStreetBets</keyword> forum is focused on right now, according to data compiled by <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">SwaggyStocks.</a> The list is based on mentions over the past 24 hours.10. PaysafeTicker: <a href="https://markets.businessinsider.com/stocks/psfe-stock">PSFE</a> Wall Street Bet Mentions Over Past 24 Hours: 85 Market Capitalization: $7.8 billion 1-Week Performance: -22%<div type="image" title="FILE PHOTO: A Paysafe booth is shown on the exhibit hall floor during the Money 20/20 conference in Las Vegas, Nevada, U.S. on October 24, 2017. REUTERS/Steve Marcus" height="2736" width="5472" msid="85385343" hostid="261"></div>9. SoFiTicker: <a href="https://markets.businessinsider.com/stocks/sofi-stock">SOFI</a> Wall Street Bet Mentions Over Past 24 Hours: 88 Market Capitalization: $13.8 billion 1-Week Performance: -15%<div type="image" title="sofi fintech" height="450" width="900" msid="85385350" hostid="261"></div>8. AmazonTicker: <a href="https://markets.businessinsider.com/stocks/amzn-stock">AMZN</a> Wall Street Bet Mentions Over Past 24 Hours: 107 Market Capitalization: $1.67 trillion 1-Week Performance: -1%<div type="image" title="whole foods amazon" height="999" width="1999" msid="85385353" hostid="261"></div>7. UWM HoldingsTicker: <a href="https://markets.businessinsider.com/stocks/uwmc-stock">UWMC</a> Wall Street Bet Mentions Over Past 24 Hours:111 Market Capitalization: $12.0 billion 1-Week Performance: 2%<div type="image" title="Homes along the beach in Virginia Beach, Virginia." height="1997" width="3995" msid="85385354" hostid="261"></div>6. GameStop Ticker: <a href="https://markets.businessinsider.com/stocks/gme-stock">GME</a> Wall Street Bet Mentions Over Past 24 Hours: 114 Market Capitalization: $11.6 billion 1-Week Performance: 2% <div type="image" title="GameStop" height="1249" width="2500" msid="85385355" hostid="261"></div>5. AMC EntertainmentTicker: <a href="https://markets.businessinsider.com/stocks/amc-stock">AMC</a> Wall Street Bet Mentions Over Past 24 Hours: 178 Market Capitalization: $17.0 billion 1-Week Performance: 4% <div type="image" title="AMC Entertainment" height="1250" width="2500" msid="85385356" hostid="261"></div>4. Clover HealthTicker: <a href="https://markets.businessinsider.com/stocks/clov-stock">CLOV</a> Wall Street Bet Mentions Over Past 24 Hours: 182 Market Capitalization: $3.7 billion 1-Week Performance: -4.7%<div type="image" title="Andrew Toy Clover Health" height="1800" width="3600" msid="85385357" hostid="261"></div>3. AppleTicker: <a href="https://markets.businessinsider.com/stocks/aapl-stock">AAPL</a> Wall Street Bet Mentions Over Past 24 Hours: 217 Market Capitalization: $2.46 trillion 1-Week Performance: 3%<div type="image" title="An Apple store employee's dark silhouette next to a white glowing Apple logo" height="2010" width="4020" msid="85385359" hostid="261"></div>2. ContextLogicTicker: <a href="https://markets.businessinsider.com/stocks/wish-stock">WISH</a> Wall Street Bet Mentions Over Past 24 Hours: 282 Market Capitalization: $5.8 billion 1-Week Performance: -33%<div type="image" title="Wish CFO" height="799" width="1600" msid="85385364" hostid="261"></div>1. TeslaTicker: <a href="https://markets.businessinsider.com/stocks/tsla-stock">TSLA</a> Wall Street Bet Mentions Over Past 24 Hours: 294 Market Capitalization: $690.9 billion 1-Week Performance: -4% <div type="image" title="Tesla SuperCharger" height="3000" width="6000" msid="85385370" hostid="261"></div>

These are the 10 most popular stocks being talked about on Reddit's Wall Street Bets forum

<ul class="summary-list"><li><keyword id="1141292" type="PERSON" weightage="60" keywordseo="retail-traders">Retail traders</keyword> are flocking to new <keyword id="10688429" type="UNKNOWN" weightage="60" keywordseo="meme-stocks">meme stocks</keyword>. </li><li>Among the names are Cleveland Cliffs, <keyword id="11383330" type="UNKNOWN" weightage="60" keywordseo="clean-energy-fuels">Clean Energy Fuels</keyword>, ContextLogic, and Invesco Mortgage.</li><li>The new names have a lower short interest rate than <keyword id="334157" type="COMPANY" weightage="60" keywordseo="Reddit">Reddit</keyword> favorites AMC and <keyword id="363661" type="COMPANY" weightage="60" keywordseo="GameStop">GameStop</keyword>.</li></ul>Retail traders have been flocking to a horde of <a href="https://markets.businessinsider.com/news/stocks/retail-traders-poured-into-meme-stocks-matching-gamestop-short-squeeze-2021-6-1030508467">new meme stocks</a> this week - from a mining company to a fast-food chain and a car retailer. The stocks, from a wide variety of sectors, don't have much in common, except that they're seeing increased social media hype and price volatility. Even their short-interest rates - a coveted metric that Reddit traders use to determine if a stock is primed for a short squeeze - vary considerably. <a href="https://markets.businessinsider.com/stocks/rh-stock">Restoration Hardware</a> was among the new names. The home-furnishings retailer soared as much as 15% Thursday amid a jump in positive Reddit chatter. <a href="https://markets.businessinsider.com/news/stocks/wendys-clean-energy-fuels-contextlogic-new-reddit-meme-stocks-rising-2021-6-1030507701">Another new meme stock is Clean Energy Fuels.</a> The Newport Beach, California-based natural gas provider has become so popular this week that it took over as the most-hyped company among retail traders on Reddit investing threads, HypeEquity data showed. Reddit listed the company on its "daily popular tickers thread" alongside Clover Health and BlackBerry.Even so, the company has had a volatile 24 hours. It closed Wednesday 31.5% higher only to fall in Thursday trading.It isn't the only new meme stock this week to whipsaw from big gains to losses. ContextLogic, a mobile e-commerce company, surged Tuesday, erased some gains Wednesday and turned back upward Thursday. Quiver Quantitative listed the company as the most-discussed ticker on June 9 on Reddit with nearly 4,000 mentions. By comparison, meme-stock classic <keyword id="320652" type="COMPANY" weightage="60" keywordseo="AMC-Entertainment">AMC Entertainment</keyword> had just 1,400 mentions. The second-most mentioned stock according to the data was <keyword id="11422495" type="UNKNOWN" weightage="60" keywordseo="cleveland-cliffs">Cleveland-Cliffs</keyword>, an Ohio-based iron-ore mining company.The stock, listed under the ticker CLF, jumped 14.6% in Wednesday trading to its highest since 2014, briefly continuing the rally Thursday before turning lower. Bullish posts from Redditors put the stock at a "strong buy," according to HypeEquity data, as it had three times the number of buy to sell mentions.<keyword id="296144" type="COMPANY" weightage="60" keywordseo="Wendys">Wendy's</keyword> is another new name. The fast-food restaurant surged 26% Tuesday, thanks to social media hype from retail traders, and then it erased half its gains from the day prior on Wednesday and continued to fall Thursday.<a href="https://www.reddit.com/r/wallstreetbets/comments/nw4vdx/what_are_your_moves_tomorrow_june_10_2021/h195n21/">One Redditor</a> with a long comment history advised others, "Cut your losses and get out."Positive social volume about Invesco Mortgage, a Nebraska-based real estate investment trust, took off on Reddit this week, too, as the stock rallied 17.8% Wednesday and continued to build on its gains Thursday.Little-known UWM Holdings, the Pontiac, Michigan-based mortgage lender, saw about 1,000 mentions on Reddit, Quiver Quantitative data showed. Redditors have pointed out the <a href="https://markets.businessinsider.com/news/stocks/uwm-united-wholesale-mortgage-holdings-reddit-traders-possible-squeeze-target-2021-5-1030455975">opportunity for a short-squeeze</a> in the stock in the past, as it has a 21% short interest rate, according to MarketBeat.Though causing big losses for short sellers has been a stated goal for traders on <keyword id="10658052" type="UNKNOWN" weightage="60" keywordseo="wall-street-bets">Wall Street Bets</keyword> since the GameStop saga earlier this year, the newer meme stocks do not have as high of a short interest that set the stage for other short squeezes.Compared to meme-stock classics, AMC and GameStop, which have a 21% short interest rate, the new stocks don't have as much, as retail traders have actually <a href="https://markets.businessinsider.com/news/stocks/reddit-traders-scared-short-sellers-away-amid-meme-stock-squeezes-2021-6-1030509407">scared off some short sellers</a>. Wendy's, for example, has just 4% short interest rate, while Cleaveland-Cliffs and Clean Energy Fuels have a 9% and 7% rate, respectively. ContextLogic, Restoration Hardware, and Invesco Mortgage have the highest with an 11.5%, 13%, and 15% short interest, according to MarketBeat data.The Geo Group, the Boca Raton, Florida-based private-prison company, has also been mentioned as a potential new meme-stock name. The company has a 35% short interest rate, and soared 38.4% Wednesday before declining Thursday. But Geo wasn't listed on HypeEquity as trending or listed among top stocks on Quiver Quantitative. Many Redditors shunned the idea that they were responsible for the record gain Wednesday. One Redditor, echoing the confusion among Wall Street Bets followers, said, "GEO jumped up 30% pre market without a mention on the wsb sub. No explanation though."

You Searched For "uwm holdings" and got 4 results

Reddit traders appear to be targeting a heavily shorted mortgage lender for their next squeeze

Natasha Dailey

UWM Holdings jumps 36% as its inclusion on FTSE Russell list sparks social-media chatter

Emily Graffeo

These are the 10 most popular stocks being talked about on Reddit's Wall Street Bets forum

Matthew Fox

From a mining company to a mortgage REIT, day traders have been flocking to new meme stocks all week and driving more eye-popping gains

Natasha Dailey

Popular Keywords

Buying Guides