$13.770
-0.454 (-3.30%)At close
RKT News
RKT Events
Citi Reiterates Buy Rating on Zillow, Price Target $52
Citi notes that the FTC and five states announced that their litigation against Zillow's (ZG) partnership with Rocket Companies' (RKT) Redfin has been resolved and allows Zillow and Redfin to maintain their existing rentals syndication agreement through at least June 30, 2030. The resolution maintaining the syndication agreement removes a key overhang on Zillow as the company expands its rental listings supply, says the analyst, who reiterates a Buy rating and $52 price target on the shares.
Rocket Companies Shares Rise 5.18%
Moderately bullish activity in Rocket Companies (RKT), with shares up 72c, or 5.18%, near $14.71. Options volume roughly in line with average with 55k contracts traded and calls leading puts for a put/call ratio of 0.32, compared to a typical level near 0.39. Implied volatility (IV30) is higher by 1.0 points near 52.46,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.49. Put-call skew steepened, indicating increased demand for downside protection.
Southwest Airlines Appoints New Board Members
Southwest Airlines (LUV) today announced Jason Liberty, chairman and CEO, Royal Caribbean (RCL), and Varun Krishna, CEO, Rocket Companies (RKT), will join the company's board of directors, effective immediately.
Southwest Airlines Appoints New Board Members
Southwest Airlines (LUV) announced Jason Liberty, Chairman and Chief Executive Officer, Royal Caribbean Group (RCL), and Varun Krishna, Chief Executive Officer, Rocket Companies (RKT), will join the company's Board of Directors, effective immediately. The Board determined that adding two directors with extensive public company leadership experience and deep expertise in technology, digital innovation, commercial strategy, and financial leadership will further strengthen the Board as Southwest continues executing its strategic priorities and driving value for shareholders
Rocket Companies Shares Rise 4.69%
Cboe data shows mixed options sentiment in Rocket Companies (RKT), with shares up 60c, or 4.69%, near $13.51. Options volume running well above average with 17k contracts traded and calls leading puts for a put/call ratio of 0.58, compared to a typical level near 0.46. Implied volatility (IV30) dropped 0.55 near 67.4,and above the 52wk median, suggesting an expected daily move of $0.57. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Rocket Companies (RKT) will report earnings after the close on 2026-08-06.Option markets are pricing in a 50% probability of a move greater than 9.27% or $1.25.
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