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Stock Market Today, Oct. 13: Rate Pressures and Analyst Downgrades Weigh on Rocket Companies
Source: Nasdaq
FintechHousing & Real EstateInterest Rates & YieldsAnalyst Insights
Rocket Companies closed at $10.83, down 0.37%, and hit a new 52-week low amid concerns about mortgage demand and high borrowing costs. JPMorgan and Morgan Stanley lowered their price targets, adding to pressure on the stock.
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