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CEO suggests they’re ready to make an acquisition
2021 annual revenue down $2.7 billion from 2020.
Bank of America analyst cut target price by $10.
Founder Daniel Gilbert accused of using non-public information to sell $500M in shares; company denies the allegations.
Acquisition brings millions of clients to the Rocket platform and is expected to add $100 million in annual recurring revenue to Rocket's $1.3 billion of annualized servicing fee income.
Met Or Exceeded Guidance For Closed Loan, Gain-On-Sale Margins For 4th Consecutive Quarter
