RKT Stock Has Run Out of Fuel. Time to Abandon It
Between sky-high mortgage loan rates and a downgrade from a big-bank analyst, the weight of the evidence is firmly against RKT stock.
Source: investorplace.com
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Between sky-high mortgage loan rates and a downgrade from a big-bank analyst, the weight of the evidence is firmly against RKT stock.
Brian Brown and Tina John are tapped to fill openings created by the retirement of two top executives, Julie Booth and Angelo Vitale.
The mortgage lender has been hurt by a rough housing market.
CFO Julie Booth and General Counsel Angelo Vitale will remain with the Detroit-based company in advisory roles.