Rocket Companies (RKT) stock slides 5% as traders eye Feb. 26 earnings after upbeat mortgage-metrics signal
Rocket Companies shares fell 5.2% to $19.29 by midday Wednesday after an SEC filing showed the firm expects its highest fourth-quarter net rate lock volume and gain-on-sale margin since 2021. The company will release full Q4 and 2025 results on Feb. 26. Trading volume Tuesday more than doubled the 50-day average. CEO Varun Krishna said Rocket is on track for its strongest mortgage loan production in four years.