Rocket Cos. Inc. (RKT) News
Filter RKT News Items
RKT News Results
|Loading, please wait...|
RKT News Highlights
- RKT's 30 day story count now stands at 79.
- Over the past 27 days, the trend for RKT's stories per day has been choppy and unclear. It has oscillated between 1 and 25.
- The most mentioned tickers in articles about RKT are MOVE, LINK and ROCK.
Latest RKT News From Around the Web
Below are the latest news stories about Rocket Companies Inc that investors may wish to consider to help them evaluate RKT as an investment opportunity.
Investment Thesis With the exception of a GameStop (GME) style short squeeze in March 2021, Rocket Companies (RKT) has traded fairly flat since its August 2020 IPO. Despite incredible sales growth, high profitability and many options for future growth, investors have not yet fallen in love with the stock. Our...
Is (RKT) Outperforming Other Business Services Stocks This Year?
Billionaire Dan Gilbert — the co-founder of Quicken Loans and chairman of Rocket Companies Inc (NYSE: RKT ) — and his wife Jennifer are donating $30 million to the Cranbrook Academy of Art, a private school in the Detroit suburb of Bloomfield Hills. What Happened: Less than two weeks after Gilbert announced a $500-million investment in the city of Detroit via his Gilbert Family Foundation and the Rocket Community Fund, he announced the $30-million investment in Cranbrook, which the school will reportedly invest in addressing community concerns over diversity, equity and inclusion. The gift will also help fund entrepreneurial initiatives that the school hopes will help engage the community … Full story available on Benzinga.com
On CNBC's "Fast Money Halftime Report," Sarat Sethi said he likes Visa Inc. (NYSE: V ) and all the payments companies. These are secular growth companies that are going to grow for the next few years so … Full story available on Benzinga.com
RKT vs. TT: Which Stock Is the Better Value Option?
Rocket Companies ([[RKT]] +1.9%) stock briefly sank as much as 4.6% but recovered quickly after Bloomberg reported that Morgan Stanley offered a 20M-share block in the company known for its online mortgage application process.Shares were being offered on Monday at $25.25-$26.25 per share, a person familiar with the matter told Bloomberg.It's the...
(Bloomberg) -- A wave of block trades continued on Monday with a large stake in Rocket Cos Inc. sold through Morgan Stanley, according to people familiar with the matter.About 20 million shares were sold earlier during Monday’s session at $25.25 each, one of the people said. Shares in the parent of Quicken Loans, the largest retail non-bank lender, erased gains to traded little changed in the afternoon.Morgan Stanley didn’t respond to a request seeking comment.This is the first time that Rocket’s shares were among the torrent of stock sales that started Friday. The block is worth about $500 million at the offering price. The stake was offered at $25.25 to $26.25 per share, the people said.A margin call on the family office of former Tiger Management trader Bill Hwang has led to the liqu...
When a stock breaks out above the 50-Day simple moving average, good things could be on the horizon. How should investors react?
Robinhood, the app-based trading platform, looks set to hit the public markets this year after filing confidential paperwork with the Securities and Exchange Commission this week.
Detroit billionaire Dan Gilbert is investing $500 million over the next 10 years in revitalizing Detroit's neighborhoods. With a net worth of roughly $47 billion, Gilbert is one of the 30 wealthiest people in the world, according to Forbes . Investors and sports fans likely know Gilbert as the owner of the NBA’s Cleveland Cavaliers and the co-founder of mortgage giant Quicken Loans. Gilbert is far from an overnight success. Here’s a look back at how Gilbert became the $50 billion-dollar-man trying to rejuvenate the city of Detroit . Related Link: Rocket Companies Chairman Dan Gilbert Commits $500M To Detroit Neighborhoods, Starts With Property Tax Debt Relief Rock Financial: Gilbert was born in Detroit in 1962. He earned his bachelor’s degree from Michigan State and his Juris Doctor fro...