Stock Market Today, Oct. 13: Rate Pressures and Analyst Downgrades Weigh on Rocket Companies
Rocket Companies (NYSE:RKT), a fintech mortgage firm, closed at $10.83, down 0.37%. The stock fell to a new 52-week low amid concerns about mortgage demand and high borrowing costs. Analysts at JPMorgan and Morgan Stanley also lowered their price targets on the stock, adding to t
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