MFA Financial Inc. Stock Rises Thursday, Outperforms Market
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Shares of MFA Financial Inc. MFA rallied 3.06% to $11.13 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.62% to 11,232.19 and the Dow Jones Industrial Average DJIA rising 0.64% to 30,677.36. This was the stock's fourth consecutive day of gains. MFA Financial Inc. closed $8.39 short of its 52-week high ($19.52), which the company reached on June 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as PennyMac Mortgage Investment Trust PMT rose 2.25% to $13.19, Invesco Mortgage Capital Inc. IVR rose 3.04% to $11.85, and New York Mortgage Trust Inc. NYMT rose 3.10% to $2.66. Trading volume (1.6 M) remained 285,988 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 23, 2022.
(END) Dow Jones Newswires
June 23, 2022 17:07 ET (21:07 GMT)
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