Rocket Mortgage IPO - Should You Buy Rocket Mortgage Stock? - $RKT - Biggest IPO of 2020 YTD

Today I cover Rocket Mortgage $RKT stock, which has an IPO launch of August 6, 2020. Rocket Mortgage IPO. Should You Buy Rocket Mortgage Stock? RKT the biggest IPO of 2020 YTD! Is RKT a stock to buy now?

Rocket Companies, the parent of Rocket Mortgage and Quicken Loans, could raise as much as $3.3 billion when it goes public next week. At $3.3 billion, Rocket is expected to be the biggest public offering of the year, excluding special purpose acquisition companies, or SPACs. The Detroit-based company is slated to price its IPO on Aug. 5 and trade on Aug. 6, underwriters on the deal told Barron’s. Rocket intends to trade on the New York Stock Exchange under the ticker RKT.

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