DJ Rocket Cos. Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Rocket Cos. Inc. $(RKT)$ advanced 4.48% to $13.30 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.99% to 16,156.33 and the Dow Jones Industrial Average rising 1.18% to 38,675.68.
This was the stock's third consecutive day of gains.
Rocket Cos. Inc. closed $1.89 below its 52-week high ($15.19), which the company achieved on December 27th.
The stock outperformed some of its competitors Friday, as UWM Holdings Corp. $(UWMC)$ rose 0.74% to $6.80, MGIC Investment Corp. (MTG) rose 0.63% to $20.64, and Radian Group Inc. $(RDN.AU)$ rose 0.16% to $30.79.
Trading volume (3.5 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 3, 2024.
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(END) Dow Jones Newswires
May 03, 2024 17:34 ET (21:34 GMT)
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