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Shares of MFA Financial Inc. (MFA) sank 0.74% to $4.03 Thursday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.54% to 14,220.52 and Dow Jones Industrial Average falling 1.56% to 34,678.35. This was the stock's second consecutive day of losses. MFA Financial Inc. closed $0.87 below its 52-week high ($4.90), which the company achieved on June 9th.
The stock underperformed when compared to some of its competitors Thursday, as PennyMac Mortgage Investment Trust (PMT) rose 0.06% to $16.89, Invesco Mortgage Capital Inc. (IVR) remained unchanged, and New York Mortgage Trust Inc. (NYMT) remained unchanged. Trading volume (4.0 M) remained 132,939 below its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 31, 2022.
(END) Dow Jones Newswires
March 31, 2022 17:07 ET (21:07 GMT)
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