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March 3, 2021
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...
March 3, 2021
A wild rally in shares of Rocket Companies that saw the stock rise 70 per cent in an apparent short squeeze has attracted fresh bets that the ...
March 3, 2021
Rocket, billionaire Dan Gilbert's company, joins GameStop as a Reddit favorite.
March 2, 2021
Shares in heavily-shorted mortgage provider Rocket Companies surged on Tuesday (Mar 2) and were set for their third straight day of gains as the ...
March 2, 2021
Rocket Companies Inc (NYSE: RKT) gained another 23% on Monday morning, suggesting the company’s impressive earnings beat last week may have triggered ...
February 28, 2021
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 […]
February 27, 2021
The mortgage titan's investors have a sizable special dividend headed their way.
February 26, 2021
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…
February 26, 2021
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...
February 26, 2021
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 ...