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Rocket shares soar more than 70% as analysts eye 'GameStop-esque' short squeeze

4 Min Read (Reuters) - Heavily shorted mortgage provider Rocket Companies saw its stock surge on Tuesday, in an eye-popping move reminiscent of the rallies that powered GameStop GME.N and other so-called meme stocks earlier in the year. FILE PHOTO: A banner celebrating Rocket Companies Inc., the parent company of U.S. mortgage lender Quicken Loans, IPO is seen on the front facade of the New York Stock Exchange (NYSE) in New York City, U.S., August 6, 2020. REUTERS/Brendan McDermid Shares of Ro...
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Rocket Companies, Inc. (NYSE:RKT) - Rocket Companies Gains Another 20% Suggesting Potential Short Squeeze

Rocket Companies Inc (NYSE: RKT) gained another 23% on Monday morning, suggesting the company’s impressive earnings beat last week may have triggered ...
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Brand Report: Rocket Companies Reports 'Explosive Growth' — RISMedia

Rocket Companies, Inc., a Detroit-based holding company consisting of tech-driven real estate, mortgage and eCommerce businesses—including Rocket Mortgage, Amrock, Rocket Homes and Rocket Auto—recently announced results for the quarter and year ended Dec. 31, 2020. “Rocket Companies’ record-breaking fourth quarter and full-year 2020 results demonstrate the sheer power of the technology platform we have built and refined […]
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Rocket reports over $9 billion in profit last year, announces $2.2 billion one-time dividend

Rocket Companies Inc. made so much money last year it's giving about $2.2 billion of it back to shareholders. The Detroit-based mortgage giant (NYSE: RKT) on Thursday afternoon reported "record-breaking" earnings for the fourth quarter of 2020 and the full fiscal year, smashing analyst estimates…
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Rocket mortgage company reports $9.4 billion profit in 2020, plans $2.2 billion one-time dividend

The main headquarters for mortgage lender Rocket Companies Inc. is in downtown Detroit. Rocket Companies Inc. made so much money last year its giving about $2.2 billion of it back to shareholders. The Detroit-based mortgage giant (NYSE: RKT) on Thursday afternoon, Feb. 25, reported "record-breaking" earnings for the fourth quarter of 2020 and the full fiscal year, smashing analyst estimates. Detroits largest employer reported total net income of $9.4 billion last year on more than $15.7 billion...
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Rocket Companies Surges on Earnings Beat

Rocket Companies Surges on Earnings Beat TheStreet 2/26/2021 © TheStreet Rocket Companies Surges on Earnings Beat Shares of Rocket Companies rose sharply Friday after the mortgage lender reported fourth-quarter earnings and revenue that exceeded Wall Street estimates. Popular Searches Shares of the Detroit company, which went public in August, were rising 10.8% to $22.06 at last check during trading. Rocket Cos. reported earnings of $1.09 a share, exceeding analyst consensus estimates of ...
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Source: msn.com

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