Your email has been successfully added to our mailing list.

×
0 0.00298507462686561 0.000497512437810846 -0.00199004975124374 0.0024427860696517 0.00129850746268655 -0.0044776119402985 -0.0176616915422886
Stock impact report

Rocket Companies (RKT) Jumps as Fed Hints at Keeping Rates Steady For Now [Yahoo! Finance]

Rocket Companies, Inc. Class A (RKT) 
Company Research Source: Yahoo! Finance
Rocket Companies bounced back by 3.56 percent on Tuesday to close at $20.06 apiece as investor sentiment was boosted by announcements that the Federal Reserve would likely keep interest rates unchanged for some time before making any adjustments anew. This followed a 25-basis-point rate cut in this year's last Federal Open Market Committee meeting, highly benefiting the interest rate-sensitive real estate and financing market. Firms such as Rocket Companies, Inc. (NYSE:RKT) tend to benefit from the lower rates, as lower benchmark rates could translate into more affordable mortgage costs and support higher demand for home purchases and refinancing. As a result, investors have placed bets that stable rates could help bolster home sales volumes and improve revenue prospects for property firms such as Rocket Companies, Inc. (NYSE:RKT). The listed firm is a Detroit-based fintech platform that owns mortgage, real estate, and personal finance businesses, namely Rocket Mortgage, Redf Show less Read more
Impact Snapshot
Event Time:
RKT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for RKT alerts
Opt-in for
RKT alerts

from News Quantified
Opt-in for
RKT alerts

from News Quantified