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This week was a tough one for the stock market generally, but it was a really tough set of days for Rocket Companies (NYSE: RKT) investors. Shares of the sprawling mortgage specialist tumbled by over 22% across the Monday-Friday period, according to data compiled by S&P...
Shares of Rocket Companies (NYSE: RKT) had fallen nearly 5% as of 11:51 a.m. ET today for no obvious reason, although the stock looks to be cooling off after a nice run following the large mortgage originator's earnings report at the end of February. Rocket missed on earnings es...
The financial stock that rose the most this week reflects the week's biggest bank deal, while the financial stock that fell the most is a fintech that delivered disappointing guidance. The top five gainers for the week ended March 4 (with market cap over $2B) were led by First Horiz...
I remember talking to an older investor before the Rocket Companies (NYSE: RKT) initial public offering in August 2020, and I asked him for his thoughts on the stock's potential. He said mortgage bankers will always break your heart. After seeing the stock of so many mortgage ba...
Rocket Companies reported its Q4 results which were up against difficult comps in the period last year. Despite rising interest rates, the company continues to benefit from the strong housing market and demand for mortgage loans. The stock looks interesting following a deep sellof...
UWM Holdings (UWMC -6.2%) stock backtracks from gains made after it announced an accelerated stock buyback on Tuesday and issued strong Q1 guidance even as its Q4 results missed consensus. Before Thursday's open, UWMC stock had gained 7.1% since it reported Q4 results and the buyback on Tuesd...
What’s thankfully diverted my attention from the full-scale war in Europe is stocks - many of them, large-cap stocks. The last big swing in the market followed the 2008 meltdown. For tech, that was only a speedbump, not a tractor-trailer pileup. Public markets synthesize bi...
Shares of the largest mortgage originator in the country, Rocket Companies (NYSE: RKT) , traded nearly 4% higher as of 11:26 a.m. ET today after the company reported earnings results for the fourth quarter and full year of 2021. Rocket reported earnings per share of $0.32 on tot...
Image source: The Motley Fool. Rocket Companies, Inc. (NYSE: RKT) Q4 2021 Earnings Call Feb 24, 2022 , 4:30 p.m. ET Operator Continue reading For further details see: Rocket Companies, Inc. (RKT) Q4 2021 Earnings Call Transcript
Rocket Companies, Inc. (RKT) Q4 2021 Earnings Conference Call February 24, 2022 4:30 PM ET Company Participants Sharon Ng – Head of Investor Relations Jay Farner – Chief Executive Officer Julie Booth – Chief Financial Officer Bob Walters – President and Chief Opera...
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Rocket Companies to Announce Second Quarter 2024 Results on August 1 PR Newswire DETROIT , July 18, 2024 /PRNewswire/ -- Rocket Companies, Inc. (NYSE: RKT) ("Rocket Companies" or the "Company"), the Detroit -based fintech platform company including mortg...
2024-07-09 07:15:06 ET Barclays analyst issues UNDERWEIGHT recommendation for RKT on July 9, 2024 05:51AM ET. The previous analyst recommendation was Underweight. RKT was trading at $13.27 at issue of the analyst recommendation. The overall analyst consensus : HOLD. ...