🟢 Rocket Companies is trading 6% up in pre-market after investors reassessed earnings and guidance

Rocket Companies is trading 5.83% up at $13.99 after investors reassessed its August 6 earnings release and guidance.

• Second-quarter adjusted revenue was $2.76 billion, below the $2.82 billion consensus, while adjusted EPS was $0.16 versus $0.17 expected.
• Third-quarter adjusted revenue guidance of $2.5 billion-$2.7 billion disappointed despite record market share and $766 million adjusted EBITDA.
• The pre-market rebound follows a 4.62% prior-session decline alongside stronger broader-market futures.