Mr Cooper Group Surges to 461st Most Traded Stock as Rocket Companies Announces $9.4 Billion Acquisition

On April 4, 2025, Mr. Cooper Group (COOP) saw a significant surge in trading volume, with a total turnover of $361 million, marking a 58.78% increase from the previous day. This substantial rise in trading activity positioned Mr. Cooper Group as the 461st most traded stock of the day, reflecting heightened investor interest and market activity.

Rocket Companies has announced its intention to acquire Mr. Cooper Group in an all-stock transaction valued at $9.4 billion. This strategic move is part of Rocket Companies' broader expansion plans within the mortgage and fintech sectors. The acquisition aims to consolidate Rocket Companies' position as a leading player in the mortgage industry by integrating Mr. Cooper Group's extensive loan portfolio and servicing capabilities.

The acquisition of Mr. Cooper Group by Rocket Companies is expected to significantly enhance Rocket Companies' market presence and operational efficiency. By acquiring Mr. Cooper Group, Rocket Companies will gain control over a substantial loan portfolio valued at $2.1 trillion, further solidifying its dominance in the mortgage servicing market. This strategic acquisition is anticipated to drive growth and innovation within Rocket Companies, leveraging Mr. Cooper Group's expertise and resources to deliver enhanced value to customers and shareholders alike.