RKT — Rocket Companies, Inc. Class A Common Stock
Session close: $11.25. Regular-session share volume: 37,050,466. Change from previous close: +5.04%.
Key developments
Redfin, the real estate brokerage powered by Rocket, reported that U.S. home prices rose modestly in the latest month, with annual growth accelerating. The report provides housing-market context for Rocket, but does not establish an impact on its business performance or explain its trading-session movement.
Redfin Reports U.S. Home Prices Ticked Up 0.25% in September
In earlier news, Rocket founder and chairman Dan Gilbert pledged development capital for a new nonprofit to redevelop, own and operate Detroit’s Renaissance Center and surrounding east riverfront district. The report attributes the pledge to Gilbert, not Rocket, and does not identify a financial commitment by the company.
News sources
Company news Live On CNBC, Josh Brown Announces Sold Rocket Companies