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One of the worst-performing sectors in this current slumping market has been the mortgage originators. Having feasted during 2020 and 2021, the economic environment has turned to famine as interest rates rise and choke off refinance activity. Consumer lending giant Rocket Companies ...
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Fintech stocks like Robinhood Markets (NASDAQ:HOOD) +24%, Affirm (NASDAQ:AFRM) +24% and Canada's Lightspeed Commerce (NYSE:LSPD) +27% are soaring in Friday midday trading, erasing most losses incurred over the past week amid a broader risk-on sentiment. The tech...
SoFi raised its revenue outlook for FY22, as it didn't assume a recession. But we believe management is overly optimistic, and investors' hard-earned money could be at further risk. The market has been pricing in significant macro headwinds for financial stocks. Therefore, we are surp...
Shares of Rocket Companies (NYSE: RKT) fell today after the mortgage and financial services company reported first-quarter earnings that were lower than analysts' average estimates. The stock was down by as much as 11.5% today and had fallen 4.6% as of 2:36 p.m. ET. Rock...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Rocket Companies (NYSE: RKT ), home of Rocket Mortgage and Quicken Loans, is a massive direct-to-consumer mortgage lender. It uses the same business model as Geico uses to sell car insurance without agents...
The stock market has been falling steadily for weeks, and Wednesday morning didn't bring immediate relief. News that the U.S. consumer price index (CPI) rose 0.3% in April with core figures climbing at a faster pace led to a reversal in futures markets. As of 9 a.m., futures on the Dow Jo...
Rocket Companies (NYSE:RKT) stock drops 10% in Wednesday premarket trading after online lender's Q1 results trailed the consensus estimates and Citi analyst Arren Cyganovich downgraded the stock to Neutral from Buy While he's still optimistic about Rocket's (RKT) ability to increase mark...
The following slide deck was published by Rocket Companies, Inc. in conjunction with their 2022 Q1 earnings call. For further details see: Rocket Companies, Inc. 2022 Q1 - Results - Earnings Call Presentation
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Rocket Companies Inc. Class A Company Name:
RKT Stock Symbol:
NYSE Market:
Rocket Companies Inc. Class A Website:
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. ...