Rocket Cos. Inc. stock outperforms competitors despite losses on the day

Rocket Cos. Inc. stock outperforms competitors despite losses on the day

Shares of Rocket Cos. Inc. RKT, -1.85% slid 1.85% to $13.76 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -0.42% falling 0.42% to 16,315.70 and Dow Jones Industrial Average DJIA, -0.08% falling 0.08% to 39,282.33.

This was the stock’s third consecutive day of losses.

Rocket Cos. Inc. closed $1.43 below its 52-week high ($15.19), which the company reached on December 27th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as UWM Holdings Corp. UWMC, -1.88% fell 1.88% to $7.29, MGIC Investment Corp. MTG, -0.46% fell 0.46% to $21.74, and Radian Group Inc. RDN, -0.80% fell 0.80% to $32.44.

Trading volume (1.6 M) remained 798,172 below its 50-day average volume of 2.4 M.

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