RKT
NYSE · Financial Services
Rocket Cos Inc-Class A
$13.54
+0.20 (+1.50%)
RKT News30 articles
Rocket Companies Surges 9% Pre-Holiday as Mortgage Rates Dip and Demand Improves
Rocket Companies shares surged 9.08% to $14.42 on heavy volume before the Juneteenth market closure, as 30-year mortgage rates dipped to 6.47% and homebuying demand improved.
Rocket Shares Slide 6% as Fed Rate Hold, Downgrade Pressure Mortgage Lenders
Rocket Companies shares dropped 6% as the Federal Reserve kept rates unchanged and BTIG downgraded the stock, highlighting ongoing headwinds for mortgage lenders.
Rocket Companies Shares Hold Steady Near $14 After BTIG Downgrade and Debt Refinancing
Rocket Companies shares held near $14 after BTIG downgraded the stock to Neutral, citing valuation already reflecting platform strengths, as the company refinanced $1.5B in debt.
Opendoor Technologies Joins Russell 3000 Index, CEO Increases Stake
Opendoor Technologies (OPEN) shares jumped 6% premarket after the company announced its inclusion in the Russell 3000 Index, effective June 26. CEO Kaz Nejatian purchased 100,000 shares, increasing his stake to 83.58 million.
US Mortgage Rates Hit 9-Month Peak, Refinancing Plunges
US mortgage rates climbed to 6.65% last week, the highest since August 2025, sending refinance demand down 18% and total applications down 8.5%.
Mortgage Rates Hit 8-Month High, Pressuring Housing Demand and Lender Stocks
Mortgage rates reached an eight-month peak on Friday, with the average 30-year fixed loan at 6.64%. The Mortgage Bankers Association reported a 10.5% weekly drop in applications as affordability concerns mount.
Mortgage Rates Surge to 6.38%, Highest Since September, Pressuring Housing Stocks
The average 30-year fixed mortgage rate jumped to 6.38% this week, reaching its highest level since early September. The increase, driven by rising Treasury yields and surging oil prices, contributed to a 10.5% weekly drop in mortgage applications.
Opendoor Stock Surges 6% Despite Bleak Housing Data and Quarterly Loss
Opendoor Technologies shares climbed almost 6% on Monday, outperforming housing peers amid a market rally, even as the company reported a massive quarterly loss and the housing sector remained sluggish.
Rocket Companies Shares Slide Amid Mortgage Rate Surge, Erasing Analyst Boost
Rocket Companies shares declined sharply Friday, underperforming peers as rising mortgage rates pressured the sector. The drop reversed gains from a recent analyst upgrade.
Mortgage Rates Surge Past 6.5% as Bond Selloff Rattles Housing Market
Mortgage rates climbed above 6.5% Friday, reaching a multi-month high as Treasury yields surged. The jump pressured housing stocks and caused a sharp drop in mortgage applications.
Mortgage Rates Hold Near 6.3% as Fed Stays Put, Cooling Refinance Demand
Following the Federal Reserve's decision to maintain its benchmark interest rate, the average 30-year fixed mortgage rate held near 6.3% this week. Mortgage applications fell sharply, led by a 19% drop in refinancing activity.
Mortgage Rates Dip Amid Treasury Retreat, Housing Data Mixed
U.S. mortgage rates retreated Monday, with the 30-year fixed average dropping to 6.36%. The move followed a decline in the 10-year Treasury yield, though housing demand signals remain uneven.
Opendoor Shares Recover Amid Housing Market Crosscurrents
Opendoor Technologies shares gained 2.4% Friday, recovering from prior losses amid rising mortgage rates and declining housing starts. The company posted a $1.096 billion Q4 loss but increased home purchases.
Rocket Companies Stock Slides as Mortgage Rates Surge Past 6%
Rocket Companies stock declined 3.7% to $14.58 Thursday as mortgage rates rose above 6% and housing-related equities faced selling pressure. The company projected Q1 revenue between $2.6 and $2.8 billion.
Mortgage Rates Climb, Housing Stocks Retreat Amid Mixed Data
Mortgage rates increased this week, with the average 30-year fixed loan reaching 6.11%. Housing starts and permits declined in January, though mortgage applications rose. Major homebuilder and lender stocks traded lower.
Opendoor Gains on Housing Data, Mortgage Beta Draws Investor Scrutiny
Opendoor Technologies shares advanced as its weekly home acquisition contracts rose 12%. The company's new 4.99% 30-year mortgage offer, currently in beta testing, is drawing investor attention amid broader housing market resilience.
FTSE 100 Slumps on Oil Spike, Dimming Rate Cut Hopes
London's FTSE 100 index dropped 1.5% on Thursday, dragged down by rising oil prices and reduced expectations for Bank of England rate cuts. Rentokil and Admiral shares advanced on positive earnings.
Mortgage Rates Climb, Pressuring Lender and Homebuilder Stocks
Mortgage rates increased on Tuesday, with the 30-year fixed rate reaching 6.15%. Major mortgage lenders and homebuilder ETFs declined as rising Treasury yields weighed on the sector.
Rocket Companies Stock Extends Slide Amid Mortgage Rate Volatility
Rocket Companies stock declined for a second consecutive session in premarket trading Tuesday, following a steep drop Monday. The mortgage giant's shares are now down approximately 31% from their 52-week high.
Mortgage Rates Slide to 6.01%, Yet Housing Market Momentum Remains Elusive
The average 30-year fixed mortgage rate dropped to 6.01% this week, hitting a multi-year low. However, mortgage lenders and homebuilder stocks exhibited mixed performance amid tepid housing data.
Mortgage Rates Dip as Markets Pause; Builders Gain Ahead of Fed Minutes
U.S. mortgage rates declined slightly, with the average 30-year fixed rate at 6.13%. Markets were closed for Presidents Day, with homebuilder equities advancing ahead of key economic data this week.
Mortgage Rates Hold Near 6% as Housing Data Dampens Sentiment
Mortgage rates held steady above 6% this week as the housing market shows signs of strain, with existing-home sales declining sharply. Rocket Companies shares fell amid the cautious sentiment.
Mortgage Demand Dips as Strong Jobs Data Lifts Yields, Pressuring Lender Stocks
U.S. mortgage applications declined slightly last week while lender shares fell after a robust employment report pushed Treasury yields higher, dampening near-term rate cut hopes.
Mortgage Rates Hold Steady Near 6.3% as Key Economic Data Awaited
U.S. 30-year fixed mortgage rates remained near 6.28% early Tuesday, with markets focused on upcoming employment and inflation reports. Rocket Companies shares gained in premarket trading.
Mortgage Rates Hold at 6.23% Amid Data Delay; Key Reports Loom
U.S. 30-year fixed mortgage rates remained steady near 6.23% as bond markets paused ahead of delayed jobs and inflation data. Mortgage-related stocks showed mixed premarket movement.
U.S. Mortgage Rates Hold Near 6.2% as Refinance Demand Stays Subdued
Average 30-year fixed mortgage rates remain elevated around 6.2%, with refinance activity limited as rates stay above key psychological thresholds. High home prices continue to pressure affordability despite recent declines from peaks.
Reckitt Announces £1.6 Billion Special Dividend Ahead of Key Investor Events
Reckitt Benckiser shares hold near 52-week highs as the company prepares to distribute a £1.6 billion special dividend on February 20, with management set to present at the CAGNY conference on February 19.
Atlantic International Shares Skyrocket on Dutch Deal, Filing Reveals Deepening Losses
Atlantic International stock soared 155% after its Circle8 unit won a $52M Dutch government contract, but the company's latest filing reveals widening losses, heavy debt, and substantial doubt about its ability to continue.
Tianci International Rockets 73% Premarket on Profit Turnaround and $4.9M Capital Raise
Tianci International (CIHK) jumped 73.2% premarket after posting a quarterly profit swing and closing a $4.9 million offering, reversing a prior day's decline.
T1 Energy Rockets 11% on Heavy Volume, Analyst Nod and Plant Rating
T1 Energy (NYSE:TE) jumped 11% on Monday after its Dallas plant earned an 'A' bankability grade and Bernstein initiated coverage, with heavy volume suggesting short-covering fueled the rally.