Stock Market Today, Feb. 3: Rocket Companies Rallies on Signs of Mortgage Demand Recovery [Yahoo! Finance]
Rocket Companies, Inc. Class A (RKT)
Company Research
Source: Yahoo! Finance
The stock moved higher after its CEO's comments on higher mortgage loan production signaled a potential housing-market recovery. The company's trading volume reached 57.77 million shares, which is about 89% above its three-month average of 30.5 million shares. Rocket Companies IPO'd in 2020. The S&P 500 (SNPINDEX: ^GSPC) fell 0.84% to 6,917, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) slid 1.43% to finish at 23,255. Within mortgage finance, industry peers PennyMac Financial Services (NYSE:PFSI) closed at $93.15 (up 0.09%) and UWM Holdings (NYSE:UWMC) ended at $5.08 (down 0.97%), reflecting a more mixed sector backdrop. Rocket Companies rallied after CEO Varun Krishna said the company is on track for its strongest mortgage loan production in four years. Investors took the comment as an early signal that demand may be improving as borrowing costs ease. The move follows nearly two years of contraction across housing and mortgage activity, a period that has left markets highly s
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News
- Redfin Report: 64% of Single Americans Struggle to Afford Housing, Compared With 39% of Married PeopleBusiness Wire
- Redfin Reports Pending Home Sales Decline in All But 5 Major U.S. MetrosBusiness Wire
- Redfin Reports Homebuyers Need to Earn $35,000 More Than Renters to Afford Monthly Payments—the Smallest Gap in 3 YearsBusiness Wire
- Affordability Is Improving: Buyers Must Earn $111,000 to Afford the Typical Home, Down 4% From Last YearBusiness Wire
- VC Masha Bucher, Epstein associate and Day One founder, explains herself [TechCrunch]TechCrunch
RKT
Earnings
- 10/30/25 - Beat
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Sec Filings
- 2/5/26 - Form SCHEDULE
- 2/3/26 - Form 8-K
- 1/16/26 - Form SCHEDULE
- RKT's page on the SEC website