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Shares of MFA Financial Inc. MFA slid 2.10% to $11.17 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.35% to 11,361.85 and the Dow Jones Industrial Average DJIA rising 0.23% to 31,037.68. The stock's fall snapped a two-day winning streak. MFA Financial Inc. closed $8.23 below its 52-week high ($19.40), which the company reached on September 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as PennyMac Mortgage Investment Trust PMT fell 0.62% to $14.49, Invesco Mortgage Capital Inc. IVR fell 2.17% to $15.34, and New York Mortgage Trust Inc. NYMT fell 2.80% to $2.78. Trading volume (1.2 M) remained 721,704 below its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 6, 2022.
(END) Dow Jones Newswires
July 06, 2022 17:07 ET (21:07 GMT)
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