DJ Rocket Cos. Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Rocket Cos. Inc. $(RKT)$ slid 4.73% to $11.67 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 1.79% to 15,885.02 and Dow Jones Industrial Average falling 0.65% to 37,735.11.
This was the stock's second consecutive day of losses.
Rocket Cos. Inc. closed $3.52 below its 52-week high ($15.19), which the company reached on December 27th.
The stock underperformed when compared to some of its competitors Monday, as UWM Holdings Corp. $(UWMC)$ fell 3.34% to $6.07, MGIC Investment Corp. (MTG) fell 0.81% to $19.58, and Radian Group Inc. $(RDN.AU)$ fell 1.49% to $29.80.
Trading volume (2.8 M) eclipsed its 50-day average volume of 2.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 15, 2024.
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(END) Dow Jones Newswires
April 15, 2024 17:34 ET (21:34 GMT)
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