Rocket Companies is trading at $14.70, up +5.08%, after ValueAct Capital increased its position by 47.68% to 41.67 million shares, making it a major portfolio holding.
- Sarah Watterson’s August 17 board appointment expanded the board to 10 directors and added capital-markets and mortgage-servicing experience.
- U.S. futures are rising moderately, supporting risk appetite, while elevated Treasury yields remain a headwind for mortgage-related stocks.