Why Does Rocket Companies (RKT) Earn Just 3% on Equity After Doubling Revenue?
Rocket Companies, Inc. (NYSE:RKT) closed at $10.83 on October 13. The stock has fallen roughly 30% over the last six months, compared to a 21.5% return for the Insider Monkey Billionaire Index and 14.0% for the State Street SPDR S&P 500 ETF Trust. Rocket Companies calls itself a fintech firm with mortgage, real estate, and […]
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