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Why Shares of Rocket Companies Are Rising Today

TheMotleyFool

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Why Shares of Rocket Companies Are Rising TodayPhoto, wide shot, wide-angle lens, Bank, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.theapi.app/temp/094456a7-d529-4ef2-b536-c031f2afd618.png

Shares of the largest mortgage originator in the country, Rocket Companies (NYSE: RKT), traded nearly 4% higher as of 11:26 a.m. ET today after the company reported earnings results for the fourth quarter and full year of 2021.

Rocket reported earnings per share of $0.32 on total revenue of nearly $2.6 billion, missing estimates for EPS and revenue.

Image source: Getty Images.

Source Fool.com

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