Rocket Companies Stock Blasts Off After $14B Mega-Merger – Will RKT Keep Soaring?
Rocket Companies’ stock has been on a wild ride this year. As of Oct. 24, RKT was trading around $16.94-$17 per sharegoogle.com – roughly flat on the day after some early swingsgoogle.com. That price is about 70-80% higher than where it started 2025, making Rocket a standout gainer in an otherwise sluggish housing sectoryoutube.com. The stock reached as high as the low-$20s in early October, when excitement over Rocket’s latest acquisition peaked, before cooling off. In fact, RKT shares have climbed about 54% since late March, briefly trading near $20 at the deal’s closingcrainsdetroit.com. This momentum marks a sharp turnaround from last year’s doldrums – Rocket hit a 52-week low around $10.06 during the 2024 market downturngoogle.com. Since then, a combination of improving sentiment and strategic news has lifted the stock into the high-teens. Even after recent profit-taking, RKT remains well below its 2021 highs, but the trend has been upward in 2025. Its 50-day moving average sits around $18.6, above the 200-day of $15.4marketbeat.com, reflecting the strong rally over the summer. Analysts note that Rocket’s beta ~2.2 means the stock is quite volatilemarketbeat.com – and indeed, daily swings have been common as investors react to interest rate news and