Why Rocket Companies Stock Sank 10.9% in July

·2 min read
Why Rocket Companies Stock Sank 10.9% in July

Rocket Companies (NYSE: RKT) had another rough month in July, dropping 10.9%, according to S&P Global Market Intelligence. The leading home mortgage lender in the U.S. was well off the benchmark, the S&P 500, which gained 2.3% in July. Rocket is the largest home mortgage lender in the U.S. by loan originations.

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