Rocket Companies (RKT) Stock: Why It Fell 3.59%

By Amit Chowdhry ● Aug 7, 2022
  • The stock price of Rocket Companies (RKT) fell by 3.59% in the previous trading session. This is why.

The stock price of Rocket Companies (RKT) fell by 3.59% in the previous trading session. Investors responded to the company’s second-quarter results.

Rocket Companies had reported a Q2 EPS of ($0.03), which was $0.05 lower than analyst estimates of $0.02. And the revenue for the quarter was $1.4 billion compared to the consensus estimate of $1.54 billion.