Rocket Cos. Inc. Stock Underperforms Wednesday When Compared To Competitors
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Rocket Cos. Inc. (RKT) shares fell 3.49% to $19.36 on Wednesday, underperforming against competitors amid a declining stock market. The NASDAQ Composite Index dropped 0.76%, while the Dow Jones Industrial Average fell 0.63%. RKT is currently 14.17% below its 52-week high of $22.56 reached on September 11. Competitors UWM Holdings Corp. (UWMC), MGIC Investment Corp. (MTG), and Radian Group Inc. (RDN) also experienced declines. Trading volume for RKT was 17.3 million, significantly below its 50-day average of 32.6 million.
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