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Shares of MFA Financial Inc. (MFA) rose 2.53% to $4.06 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 3.59% to 13,255.55 and the Dow Jones Industrial Average rising 2.00% to 33,286.25. This was the stock's second consecutive day of gains. MFA Financial Inc. closed $0.84 short of its 52-week high ($4.90), which the company reached on June 9th.
The stock outperformed some of its competitors Wednesday, as PennyMac Mortgage Investment Trust (PMT) rose 0.68% to $16.26, Invesco Mortgage Capital Inc. (IVR) rose 1.79% to $2.27, and New York Mortgage Trust Inc. (NYMT) rose 1.10% to $3.66. Trading volume (2.5 M) remained 1.5 million below its 50-day average volume of 4.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 9, 2022.
(END) Dow Jones Newswires
March 09, 2022 17:07 ET (22:07 GMT)
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