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Rocket companies is a group of companies that provides mortgage lending services.
In January 2018, RKT.N became the largest retail lender in the United States. In addition, it is the largest online mortgage company. The business model assumes that wholesale financing is involved in the conclusion of transactions. Also, all contracts are conducted through the application rather than the branch, which significantly reduces costs.
Rocket Companies went public on August 6th, 2020, raising $1.8 billion on its first trading day.
In the event that you see a prospect for Rocket companies, you can open a trade to either Buy or Sell as a CFD after conducting an analytical review of this asset.
We also recommend not to neglect fundamental analysis. Read the latest news on this company, check the Dividend Calendar at the FxPro website, and pay attention to the publication of US data in the Economic Calendar.
FxPro clients have the ability to open trades with the leverage (this is called margin trading). You can find more information regarding leverage on our website.
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