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Rocket Mortgage (NYSE:RKT) stock qualifies for both tags. Source: Lori Butcher / Shutterstock.com In March it memed 130% higher in a week, then lost more than half its value in three weeks.
Suffice it to say that 2022 is a tough year to be a mortgage origination specialist like Rocket Companies (NYSE:RKT). Frankly, RKT stock has behaved like a rocket that ran out of fuel.
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In that case, at least some of this week's run-up in share price may not be justified. As Rocket Lab stock soars past a mind-boggling 32.5 times trailing sales and remains unprofitable ( at least ...
Continuing its recovery from last Thursday's sudden sell-off, Rocket Lab (NASDAQ: RKLB) stock rose for a third straight day in early Tuesday trading, tacking on 4.1% through 10:10 a.m. ET. You can ...