Rocket Companies, Inc. is a financial technology company consisting of mortgage, real estate, and personal finance business. Co.'s segments include Direct to Consumer, and Partner Network. In the Direct-to-Consumer segment, clients have the ability to interact with Rocket Mortgage online and/or with the Co.'s mortgage bankers. Co. markets various brand campaigns and performance marketing channels to clients through its Direct-to-Consumer segment. It also includes title insurance, appraisals, and settlement services. We show 19 historical shares outstanding datapoints in our coverage of RKT's shares outstanding history.
Understanding the changing numbers of RKT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like RKT versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching RKT by allowing them to research RKT shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
