Today: 29 April 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

  • iShares MBS ETF (MBB) Sees $143.9 Million Outflow, Shares Dip 0.3%
    April 29, 2026, 11:32 AM EDT. The iShares MBS ETF (MBB) experienced a notable outflow of approximately $143.9 million this week, marking a 0.3% decrease in shares outstanding from 444 million to 442.5 million. MBB's share price remains near its 52-week high of $96.198, with the last trade at $96.14, just above its 200-day moving average. ETFs trade as units, which can be created or redeemed based on demand, affecting underlying asset transactions. Significant outflows like this signal potential selling pressure on the ETF's mortgage-backed securities holdings, potentially impacting market dynamics within the sector.

Latest article

Alphabet Earnings Today: The $185 Billion AI Question Hanging Over Google’s Stock

Alphabet Earnings Today: The $185 Billion AI Question Hanging Over Google’s Stock

29 April 2026
Alphabet will report first-quarter results after U.S. markets close Wednesday, with an earnings call set for 4:30 p.m. EDT. Shares traded near record highs Tuesday, with GOOG at $351.86 and GOOGL at $354.05. Analysts expect revenue of about $107 billion, up 19%, but see earnings per share falling to $2.63 due to a prior-year investment gain. Investors are focused on Gemini AI and cloud growth amid a planned $175–185 billion capex for 2026.
Vertiv Just Bought A Liquid-Cooling Specialist As AI Data Centers Turn Up The Heat

Vertiv Just Bought A Liquid-Cooling Specialist As AI Data Centers Turn Up The Heat

29 April 2026
Vertiv Holdings Co acquired Strategic Thermal Labs, a Texas-based liquid-cooling specialist, to boost its AI and high-performance computing data center offerings. Vertiv shares rose 0.6% to $307.00, valuing the company at about $119.9 billion. Deal terms were not disclosed. The move follows a 30% jump in Vertiv’s first-quarter net sales and an increased 2026 earnings forecast.
NIO Stock Jumps After Onvo L80 Debut: New SUV Puts China EV Maker Back in the Fight

NIO Stock Jumps After Onvo L80 Debut: New SUV Puts China EV Maker Back in the Fight

29 April 2026
NIO’s Hong Kong shares rose 8.7% after its Onvo unit began pre-sales for the L80 large electric SUV, starting at 245,800 yuan or 159,800 yuan with battery leasing. The launch follows NIO’s first quarterly net profit and aims at boosting volume in China’s crowded EV market. Test drives begin May 1, with the official launch set for May 15.
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