Rocket Companies stock falls toward 7th-straight loss as CEO Jay Farner to retire after 27 years with company

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Shares of Rocket Companies Inc. slumped 4.5% toward a seventh-straight decline in premarket trading Monday, after the mortgage, real estate and financial...

Shares of Rocket Companies Inc. RKT slumped 4.5% toward a seventh-straight decline in premarket trading Monday, after the mortgage, real estate and financial services company said Chief Executive Jay Farner will retire after a 27-year career at the company. The company said when the retirement becomes effective, on June 1, Bill Emerson will assume the CEO role on an interim basis.

Shares of Rocket Companies Inc. RKT slumped 4.5% toward a seventh-straight decline in premarket trading Monday, after the mortgage, real estate and financial services company said Chief Executive Jay Farner will retire after a 27-year career at the company. The company said when the retirement becomes effective, on June 1, Bill Emerson will assume the CEO role on an interim basis.

 

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