RKT

Over the past six months (March 2026 to September 2026), Rocket Companies' stock (RKT) experienced significant downward pressure, declining 37.99% to $12.29 per share by September 18, 2026, and hitting a 52-week low of $12.17 on September 21, 2026. Key factors impacting the stock price include weakening mortgage demand, elevated mortgage rates, declining home sales, and a Q2 2026 earnings miss with a cautious outlook for Q3. Despite these challenges, the company noted its most profitable quarter in four years and an increase in market share for both purchase and refinance lending in Q2 2026. Positive developments included the resolution of FTC litigation concerning Redfin's Zillow multifamily syndication, the launch of Rowan AI assistant within Rocket Money, and the appointment of Alessio Sanfilippo as Redfin CEO. In March 2026, the stock saw a boost from expectations of lower mortgage rates and Barclays' forecast for a better mortgage origination market in 2026.