Rocket Companies surges 9% after reporting eye-popping growth in preliminary earnings (RKT)

Getty Images / Bryan R. Smith Shares of recently IPO'd Rocket Companies surged as much as 9% on Friday after the company reported strong preliminary second quarter earnings results. The mortgage loan company likely benefited from low interest rates, which have led to a boom in refinances, and a rise in demand for homes amid the COVID-19 pandemic. Loan origination volume soared 126% year-over-year, while adjusted net income surged nearly 1000% year-over-year, according to the results. Visit Busin...