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Why Rocket Companies Stock Surged Today

TheMotleyFool

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Shares of Rocket Companies (NYSE: RKT) jumped on Friday after the provider of real estate services released its second-quarter financial report. As of 3 p.m. EDT, Rocket's stock price was up more than 10%.

Rocket's adjusted revenue fell 47% year over year to $2.8 billion. That led to a 68% decline in adjusted net income to $920 million.

Investors bid up shares of Rocket Companies on Friday. Image source: Getty Images.

Source Fool.com

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