Rocket finance shares closed today at $12
Rocket Finance shares closed today at $12.84, down 1.2% from the previous session, amid moderate trading volume. Analysts note short-term volatility due to macroeconomic uncertainties but maintain a ‘Hold’ rating. Charts indicate support near $12.50 and resistance at $13. In a release today announcing the completed $14.2 billion deal, Rocket Companies CEO Varun Krishna said that coupled with the completed acquisition of Redfin they are “paving the path for Americans to own the dream.” Standout benefits: Through the Flagstar Power-Up program, first-time buyers in select census tracts can receive up to $8,000 in grants and gift funds. Rocket Finance’s debt-to-equity ratio improved to 1.3, signaling healthier leverage management. This reduction enhances long-term growth potential, a key point for value-oriented investors monitoring credit risk trends.
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