Rocket Companies(US:RKT) Yahoo Finance·2026-01-09 22:07Group 1: Company Performance - Rocket Companies closed at $23.29, up 9.65%, and has grown 8% since its IPO in 2020 [1] - Trading volume reached 69.9 million shares, which is 111% above its three-month average of 33.4 million shares [1] Group 2: Market Reaction - Housing-sensitive stocks reacted positively to President Trump's proposed $200 billion mortgage-bond purchase plan, with lower borrowing costs potentially affecting mortgage originations [2] - The S&P 500 rose 0.65% to 6,966, and the Nasdaq Composite gained 0.81% to close at 23,671, indicating broader market optimism [3] Group 3: Investor Sentiment - Rocket Companies hit a new 52-week high following the mortgage-bond proposal, suggesting that the move could loosen the housing market and lead to lower mortgage rates [4] - Call contracts for Rocket Companies saw volume 53% above normal, reflecting increased investor interest [4] Group 4: Analyst Ratings - Barclays set a $22 price target with an equal weight rating, while Jefferies reiterated a buy rating at a $25 target, providing context for recent price movements [5]