MC - Rocket Citi Moody's fall NuBank Upstart climb; Financials Weekly Roundup

Among this week's financial stocks that fell the most in the past five sessions, two are clearly linked to the decline in corporate debt issues. Moody's (MCO) and S&P Global (SPGI) both dropped after SPGI suspended guidance on weak debt issuance. The financial stock that fell the most during the past five sessions (ended June 3), was Rocket Companies (RKT), operator of Rocket Mortgage, which dropped 7.3%, continuing its downward trajectory that started even before interest rates rose. In the past year, the stock has tumbled 54%. Citigroup (C) sank 5.1% during the week after a report that it will recognize a loss of at least $50M for a "fat finger" trade that sparked a brief European stock flash crash in early May; Moody's (MCO) dropped 4.7% during the week that Barclays downgraded the credit rating company on softer than expected debt issuance; Credit Suisse (CS) dipped 4.7%; more than a week ago the bank

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Rocket, Citi, Moody's fall, NuBank, Upstart climb; Financials Weekly Roundup