Rocket Cos. Inc. stock outperforms competitors on strong trading day

Rocket Cos. Inc. stock outperforms competitors on strong trading day

Shares of Rocket Cos. Inc. RKT, +1.54% rallied 1.54% to $13.86 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP, +0.49% rising 0.49% to 17,805.16 and the Dow Jones Industrial Average DJIA, +0.04% rising 0.04% to 39,127.80.

The stock’s rise snapped a two-day losing streak.

Rocket Cos. Inc. closed $1.95 short of its 52-week high ($15.81), which the company achieved on June 12th.

The stock outperformed some of its competitors Wednesday, as UWM Holdings Corp. UWMC, -1.31% fell 1.31% to $6.79, MGIC Investment Corp. MTG, -1.22% fell 1.22% to $21.11, and Radian Group Inc. RDN, -1.13% fell 1.13% to $30.59.

Trading volume (1.8 M) remained 508,055 below its 50-day average volume of 2.3 M.

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