Rocket Companies IPO Filing: Company Becomes Public, Sells $1.8 Billion
(CBS DETROIT) - Detroit billionaire Dan Gilbert is celebrating the initial public offering for Rocket Companies.
The parent company of Quicken Loans sold $1.8 billion during its IPO.
This number was lower than initially expected.
In an interview, Gilbert says the trading of its stock will strengthen the company's future.
© 2020 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.