Rocket Cos. Inc. Stock Underperforms Wednesday When Compared To Competitors
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Rocket Cos. Inc. (RKT) shares fell 3.76% to $21.22 on Wednesday, marking the third consecutive day of losses, despite a positive trading session for the overall market. The stock is now 12.89% below its 52-week high of $24.36. In contrast, competitors UWM Holdings Corp. (UWMC), MGIC Investment Corp. (MTG), and Radian Group Inc. (RDN) saw gains of 0.35%, 1.29%, and 0.84%, respectively. Trading volume for Rocket was 32.6 million, surpassing its 50-day average of 28.8 million.
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