Today I cover Rocket Mortgage $RKT stock, which has an IPO launch of August 6, 2020. Rocket Mortgage IPO. Should You Buy Rocket Mortgage Stock? RKT the biggest IPO of 2020 YTD! Is RKT a stock to buy now?

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Rocket Companies, the parent of Rocket Mortgage and Quicken Loans, could raise as much as $3.3 billion when it goes public next week.

At $3.3 billion, Rocket is expected to be the biggest public offering of the year, excluding special purpose acquisition companies, or SPACs. The Detroit-based company is slated to price its IPO on Aug. 5 and trade on Aug. 6, underwriters on the deal told Barron’s. Rocket intends to trade on the New York Stock Exchange under the ticker RKT.

Resource:
https://www.barrons.com/articles/rock...

Disclaimer:
I have been investing in the stock market for over 20 years, but I am not a financial advisor or a legal professional, and I am not providing financial or legal advice. The information provided is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs. FIRED Up Wealth and Eric Cuka do not make any guarantee or other promise as to any results that may be obtained from using our content. No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence. Past performance is no guarantee of future results.

#stocks #IPO #rocketmortgage #RKT