Rocket to buy Mr. Cooper mortgage company in $9.4B deal
Less than one month after announcing a plan to acquire digital real estate brokerage firm Redfin for $1.75 billion, the Detroit-based mortgage giant (NYSE: RKT) said it plans to acquire Mr. Cooper Group Inc. (NASDAQ: COOP) in an all-stock deal valued at $9.4 billion.
It's time to examine the numbers to evaluate this volatile stock's trajectory after it climbed 350% in the past year.
Rocket Companies (NYSE:RKT) stock jumped 15% as Deutsche Bank and KBW upgraded the lender's stock after it agreed to acquire ...
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