Rocket Companies to Acquire Mr. Cooper in a $9.4B Deal – The acquisition will expand Rocket's mortgage servicing portfolio beyond $2.1 trillion, covering nearly 10 million customers. The move aims to enhance client retention, boost operational efficiency, and generate $500 million in annual synergies.
Investors and traders are closely monitoring the gap up and gap down stocks in today's session on Monday. Let's explore the market movements and identify the stocks with significant gaps.
Rocket Companies will acquire Mr. Cooper in an all-stock transaction for $9.4 billion on the heels of Rocket's $1.75 billion acquisition of online real estate broker Redfin.
