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Shares of MFA Financial Inc. (MFA) slid 1.69% to $4.06 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.21% to 14,442.27 and Dow Jones Industrial Average falling 0.19% to 35,228.81. The stock's fall snapped a two-day winning streak. MFA Financial Inc. closed $0.84 short of its 52-week high ($4.90), which the company reached on June 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as PennyMac Mortgage Investment Trust (PMT) fell 1.86% to $16.88, Invesco Mortgage Capital Inc. (IVR) fell 1.72% to $2.28, and New York Mortgage Trust Inc. (NYMT) fell 1.35% to $3.65. Trading volume (3.1 M) remained 1.1 million below its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 30, 2022.
(END) Dow Jones Newswires
March 30, 2022 17:07 ET (21:07 GMT)
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