Rocket Companies stock slides 14% after PennyMac miss; RKT traders brace for Fed pick fallout and jobs data

Rocket Companies shares tumbled 13.67%, closing at $17.93 on Jan 30, the session before the weekend. Trading volume hit roughly 87 million shares—over three times the stock’s 50-day average. UWM Holdings also dropped 13.86%, as both the Nasdaq and Dow ended the day lower.