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home / news releases / RKT - Rocket Companies: Market Share Gains Support A Positive Outlook

RKT - Rocket Companies: Market Share Gains Support A Positive Outlook

Rocket Companies Inc. Class A

2024-03-20 02:26:33 ET

Summary

  • RKT's latest quarterly report showed improving profitability and market share gains despite ongoing weakness in the housing market.
  • The company is well-positioned to benefit from an eventual recovery in the demand for mortgage originations and refinancing.
  • We are cautiously bullish on RKT as a segment leader with overall positive fundamentals.

Rocket Companies Inc. ( RKT ) is attempting to navigate the challenging housing market where decade-high interest rates have pressured mortgage originations and refinancing activity....

For further details see:

Rocket Companies: Market Share Gains Support A Positive Outlook
Stock Information
Company Name: Rocket Companies Inc. Class A
Stock Symbol: RKT
Market: NYSE
Website: ir.rocketcompanies.com
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