NYSE:RKTDiversified Financial
Hedge Funds Back Rocket Companies After Mr. Cooper Servicing Deal
ValueAct Capital, Third Point, and Omega Advisors have built significant positions in Rocket Companies (NYSE:RKT).
The buying activity aligns with Rocket Companies closing its acquisition of Mr. Cooper Group.
The combined business is positioned as the largest mortgage servicer in the U.S. following the deal.
For you as an investor, the headline is the alignment of several well known hedge funds with a company that just completed a transformative acquisition. Rocket Companies, now trading...