Rocket Companies Trading Volume Plummets 35.7% to 443rd Rank Amid Merger News

On April 7, 2025, Rocket Companies (RKT) experienced a significant decline in trading volume, with a total of $350 million in shares traded, marking a 35.7% decrease from the previous day. This decline placed Rocket Companies at the 443rd position in terms of trading volume among all stocks traded that day. The stock price of Rocket Companies also decreased by 4.81%.

Rocket Companies has recently entered into a merger agreement to acquire Mr. Cooper Group, a significant move that is expected to bolster its mortgage business. The all-stock deal, valued at approximately $9.4 billion, was announced on March 31, 2025. Under the terms of the agreement, Mr. Cooper shareholders will receive 11.0 Rocket shares for each share of Mr. Cooper common stock, valuing the transaction at $143.33 per share. This represents a premium of 37.17% over the stock’s last close. The acquisition is anticipated to close in the fourth quarter of 2025, following Rocket’s recent $1.75 billion acquisition of real estate listing platform Redfin last month.