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Shares of New Residential Investment Corp. (NRZ) inched 0.56% higher to $10.87 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.25% to 14,433.83 and the Dow Jones Industrial Average rising 0.92% to 34,314.67. The stock's rise snapped a three-day losing streak. New Residential Investment Corp. closed $0.61 short of its 52-week high ($11.48), which the company achieved on March 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Realty Income Corp. (O) fell 0.38% to $66.25, New York Mortgage Trust Inc. (NYMT) rose 0.93% to $4.34, and Nam Tai Property Inc. (NTP) rose 4.12% to $23.73. Trading volume (5.1 M) eclipsed its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 5, 2021.
(END) Dow Jones Newswires
October 05, 2021 17:12 ET (21:12 GMT)
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