DJ Rocket Cos. Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Rocket Cos. Inc. $(RKT)$ shed 1.05% to $12.28 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 2.04% to 15,657.82 and Dow Jones Industrial Average falling 1.49% to 37,815.92.
The stock's fall snapped a two-day winning streak.
Rocket Cos. Inc. closed $2.91 short of its 52-week high ($15.19), which the company reached on December 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as UWM Holdings Corp. $(UWMC)$ fell 0.47% to $6.30, MGIC Investment Corp. (MTG) fell 1.36% to $20.28, and Radian Group Inc. $(RDN.AU)$ fell 1.45% to $29.87.
Trading volume (1.3 M) remained 1.2 million below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 30, 2024.
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(END) Dow Jones Newswires
April 30, 2024 17:34 ET (21:34 GMT)
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