MFA Financial Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of MFA Financial Inc. MFA rallied 2.33% to $11.41 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.75% to 11,322.24 and the Dow Jones Industrial Average DJIA falling 0.42% to 30,967.82. This was the stock's second consecutive day of gains. MFA Financial Inc. closed $7.99 below its 52-week high ($19.40), which the company achieved on September 2nd.
The stock outperformed some of its competitors Tuesday, as PennyMac Mortgage Investment Trust PMT rose 1.67% to $14.58, Invesco Mortgage Capital Inc. IVR rose 1.95% to $15.68, and New York Mortgage Trust Inc. NYMT rose 0.70% to $2.86. Trading volume (1.3 M) remained 635,217 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 5, 2022.
(END) Dow Jones Newswires
July 05, 2022 17:07 ET (21:07 GMT)
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