Investor Alert: Kirby McInerney LLP announces filing of securities class action on behalf of Rocket Companies, Inc. (RKT) investors – QNT Press Release

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law office Kirby McKinney Law Firm Announced that it has represented the acquisition of Rocket Companies, Inc. (“Rocket” or “Company”) (NYSE stock code: RKT) Securities during the period from February 25, 2021 to May 5, 2021 (inclusive) (“Class Action Period”). Investors must apply to the court for appointment as the lead plaintiff of the lawsuit before August 30, 2021.

Rocket is an online mortgage lending institution that operates the Rocket Mortgage online platform, which allows customers to apply for and service mortgage loans via the Internet or using Rocket’s proprietary mobile application. Rocket operates two main parts: (1) the direct-to-consumer part; (2) the partner network part.

On May 5, 2021, Rocket issued a press release announcing its first quarter results and second quarter outlook. Rocket reports that it is expected to achieve a closed loan amount of only 82.5 billion to 87.5 billion US dollars, and the sales profit margin is only in the range of 2.65% to 2.95%…

The full story on Benzinga.com

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