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Shares of MFA Financial Inc. MFA rose 4.40% to $11.62 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 3.34% to 11,607.62 and the Dow Jones Industrial Average DJIA rising 2.68% to 31,500.68. This was the stock's fifth consecutive day of gains. MFA Financial Inc. closed $7.90 short of its 52-week high ($19.52), which the company achieved on June 25th.
The stock underperformed when compared to some of its competitors Friday, as PennyMac Mortgage Investment Trust PMT rose 6.60% to $14.06, Invesco Mortgage Capital Inc. IVR rose 13.16% to $13.41, and New York Mortgage Trust Inc. NYMT rose 8.20% to $2.77. Trading volume (2.8 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 24, 2022.
(END) Dow Jones Newswires
June 24, 2022 17:07 ET (21:07 GMT)
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