DJ Rocket Cos. Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Rocket Cos. Inc. $(RKT)$ slid 2.79% to $12.20 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 0.64% to 15,611.76 and Dow Jones Industrial Average falling 0.98% to 38,085.80.
This was the stock's second consecutive day of losses.
Rocket Cos. Inc. closed $2.99 short of its 52-week high ($15.19), which the company achieved on December 27th.
The stock underperformed when compared to some of its competitors Thursday, as UWM Holdings Corp. $(UWMC)$ fell 2.59% to $6.39, MGIC Investment Corp. (MTG) rose 0.05% to $20.36, and Radian Group Inc. $(RDN.AU)$ fell 1.04% to $30.31.
Trading volume (2.4 M) remained 119,198 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 25, 2024.
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(END) Dow Jones Newswires
April 25, 2024 17:34 ET (21:34 GMT)
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