MFA Financial Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of MFA Financial Inc. MFA slipped 0.52% to $11.56 Monday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.72% to 11,524.55 and Dow Jones Industrial Average DJIA falling 0.20% to 31,438.26. The stock's fall snapped a five-day winning streak. MFA Financial Inc. closed $7.84 short of its 52-week high ($19.40), which the company achieved on September 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as PennyMac Mortgage Investment Trust PMT fell 0.14% to $14.04, Invesco Mortgage Capital Inc. IVR fell 0.52% to $13.34, and New York Mortgage Trust Inc. NYMT fell 1.44% to $2.73. Trading volume (1.6 M) remained 344,516 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 27, 2022.
(END) Dow Jones Newswires
June 27, 2022 17:07 ET (21:07 GMT)
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