Today: 29 June 2026
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NASDAQ:COOP 25 November 2025 - 21 March 2026

Rocket Companies Stock Falls 7% as Mortgage Rates Hit 3-Month High, Wiping Out Upgrade Rally

Rocket Companies Stock Falls 7% as Mortgage Rates Hit 3-Month High, Wiping Out Upgrade Rally

Rocket Companies shares fell 6.8% to $13.65 Friday, underperforming other mortgage stocks as U.S. mortgage rates climbed to 6.22%. The drop followed an analyst upgrade and recent strong revenue guidance. Wall Street broadly declined amid inflation and rate hike concerns. Rocket ended below its post-upgrade close of $14.76.
Rocket Companies stock jumps 8% as RKT swings on mortgage volume talk

Rocket Companies stock jumps 8% as RKT swings on mortgage volume talk

Rocket Companies shares jumped 8.2% to $20.32 late Tuesday, with trading volume near 44.6 million shares. CEO Varun Krishna told CNBC the firm is seeing its highest mortgage loan volume and gain-on-sale margin in four years. UWM Holdings, loanDepot, and PennyMac Financial Services all fell. Rocket reports earnings Feb. 19.
Rocket Companies (RKT) Stock Jumps Nearly 8% Today: AI, Redfin and Mr. Cooper Deals Ignite Rally on November 25, 2025

Rocket Companies (RKT) Stock Jumps Nearly 8% Today: AI, Redfin and Mr. Cooper Deals Ignite Rally on November 25, 2025

Rocket Companies shares jumped nearly 8% Tuesday, trading around $19.56 by 2 p.m. Eastern, as heavy volume extended a rally of about 17% since last week. The move follows Rocket’s $14.2 billion all-stock acquisition of Mr. Cooper on October 1, creating a mortgage servicing giant with close to 10 million customers. Short interest remains high, with nearly 30% of the float sold short.

Stock Market Today

  • Screen Australia Launches Private Investment Toolkit to Bridge Gap Between Producers and Investors
    June 28, 2026, 9:42 PM EDT. Screen Australia has unveiled a free, interactive Private Investment Toolkit aimed at educating screen producers and potential investors. The digital platform stresses a 'market-informed mindset,' providing guidance on pitching, risk management, value setting, and timelines. It helps investors understand Australia's screen sector, tailor investment strategies, and align goals, covering profit-driven and philanthropic investment paths. Developed with industry experts, the toolkit seeks to demystify private investment, enhance transparency, and standardize practices to foster stronger partnerships. Grainne Brunsdon, COO of Screen Australia, highlighted the toolkit's role in promoting confidence and clarity in screen project investments, ultimately supporting a robust, inclusive industry and talent development.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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