: Rocket Cos. shares sink despite swinging to a profit, record loan originations

Rocket Companies’ shares fell sharply in the extended session Wednesday after its first post-IPO results missed Wall Street estimates even though it swung to a profit from the year-ago period and posted record closed-loan-origination volume amid low interest rates.

Rocket Companies’ shares fell sharply in the extended session Wednesday after its first post-IPO results missed Wall Street estimates even though it swung to a profit from the year-ago period and posted record closed-loan-origination volume amid low interest rates.