Rocket Cos. Inc. stock falls Wednesday, underperforms market

Rocket Cos. Inc. stock falls Wednesday, underperforms market

Shares of Rocket Cos. Inc. RKT, -2.50% slid 2.50% to $9.74 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP, +0.29% rising 0.29% to 13,813.59 and the Dow Jones Industrial Average DJIA, -0.20% falling 0.20% to 34,575.53.

This was the stock’s fourth consecutive day of losses.

Rocket Cos. Inc. closed $2.21 below its 52-week high ($11.95), which the company reached on August 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as UWM Holdings Corp. UWMC, -2.83% fell 2.83% to $5.15, MGIC Investment Corp. MTG, -1.95% fell 1.95% to $17.12, and Radian Group Inc. RDN, -2.63% fell 2.63% to $25.90.

Trading volume (1.5 M) remained 582,478 below its 50-day average volume of 2.1 M.

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