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SEATTLE--(BUSINESS WIRE)--Redfin Corporation (NASDAQ: RDFN) will release first-quarter 2025 results after the stock market closes on Tuesday, May 6, 2025. Given the pending acquisition of Redfin by Rocket Companies (NYSE: RKT) that was announced on March 10, 2025, Redfin will not be holding a conference call or live webcast to discuss Redfin's quarterly financial results. The financial results press release will be accessible on Redfin's Investor Relations website at http://investors.redfin.com.
As the broader market continued to fall Rocket Companies (RKT) stock spiked over +10% on Friday and has now soared +35% in 2025.
Josh Brown, CEO at Ritholtz Wealth Management, joins CNBC's 'Halftime Report' to detail his latest portfolio moves as the market sinks.
Rocket Companies (RKT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Mr. Cooper Group Inc. (NasdaqCM: COOP) to Rocket Companies (NYSE: RKT). Under the terms of the proposed transaction, shareholders of Mr. Cooper will receive 11.0 Rocket shares for each share of Mr. Cooper that they own. KSF is seeking to determine whether this consideration and the process that led.
Shares of Rocket Companies (RKT 11.90%) are soaring on Wednesday. The mortgage company's stock gained 11.3% as of 11:50 a.m.
RKT's $9.4 billion acquisition of COOP will form one of the largest mortgage companies in the United States.
Rocket Companies (RKT) is expanding its business by acquiring Mr. Cooper (COOP) for $9.4 billion to build a homeownership platform that integrates everything from home search to servicing.
Less than a month after the mortgage giant Rocket Companies moved to absorb the real estate platform Redfin, the company has already struck another major deal: This morning, Rocket Companies (NYSE: RKT) announced it has reached an agreement to acquire its home loan competitor, Mr. Cooper Group Inc. (NASDAQ: COOP), in an all-stock transaction valued at $9.4 billion.
Uncertainty has made markets choppy, but as Q2 sets to begin, we look at ways to navigate tariffs and investing during this unsettling time. Next, 2025 has been a lackluster year for the tech trade, but could this also be an opportunity for investors?