Mortgage servicing company Mr. Cooper Group (NASDAQ:COOP) missed Wall Street’s revenue expectations in Q1 CY2025, with sales flat year on year at $560 million. Its non-GAAP profit of $2.97 per share was 1.8% above analysts’ consensus estimates.
Senators Elizabeth Warren, Cory Booker, Bernie Sanders, Mazie Hirono, and Tina Smith sent a letter voicing their concerns to the heads of the Justice Department and the Federal Trade Commission on Wednesday.
Rocket Companies to Acquire Mr. Cooper in a $9.4B Deal – The acquisition will expand Rocket's mortgage servicing portfolio beyond $2.1 trillion, covering nearly 10 million customers. The move aims to enhance client retention, boost operational efficiency, and generate $500 million in annual synergies.
Investors and traders are closely monitoring the gap up and gap down stocks in today's session on Monday. Let's explore the market movements and identify the stocks with significant gaps.
