!--more-->
The IPO for the Detroit-based parent of Quicken Loans and Rocket Mortgage raised $1.8 billion, short of an earlier target of $3.3 billion.
With the share offering, Gilbert’s net worth is reportedly around $30 billion.
-
Navigating Current Lending Trends: What Borrowers Need to Know Stay updated on current trends in the lending sector, including rising interest rates, technological advancements, and inclusive financial programs. Discover how these changes can impact your borrowing decisions.
Estimated reading time: 0 minutes, 19 seconds
Dan Gilbert’s Rocket Cos. Blasts Off After Shrunken IPO
Shares in billionaire Dan Gilbert’s Rocket Companies soared as much as 26% in their Wall Street debut, following a downsized initial public offering. So reports Bloomberg.
MOST READ STORIES
Fast,Easy & Free
