Mr. Cooper Group Inc. shares fall 2.94% intraday after stockholders approve merger with Rocket Companies.

Mr. Cooper Group Inc. declined 2.94% intraday, with the company's stockholders approving a merger with Rocket Companies, Inc. The merger agreement entitles Mr. Cooper stockholders to receive 11 shares of Rocket Class A common stock for each share of Mr. Cooper common stock, and Mr. Cooper may declare and pay a dividend of $2.00 per share prior to the transaction.