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Here's Why Rocket Companies Stock Was Soaring on Thursday


The stock market was largely flat on Thursday as investors waited to see if a new stimulus agreement could be reached. Most major indices were in positive territory as of 2:50 p.m. EDT, but not by much.

On the other hand, recent IPO Rocket Companies (NYSE: RKT), parent company of leading mortgage lender Rocket Mortgage, as well as Quicken Loans, was having a tremendous day, with shares up by nearly 11%.

Image source: Getty Images.

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Source Fool.com

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