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Shares of MFA Financial Inc. MFA slipped 3.77% to $10.98 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.03% to 11,251.19 and the Dow Jones Industrial Average DJIA falling 0.46% to 30,630.17. The stock's fall snapped a two-day winning streak. MFA Financial Inc. closed $8.42 below its 52-week high ($19.40), which the company achieved on September 2nd.
The stock underperformed when compared to some of its competitors Thursday, as PennyMac Mortgage Investment Trust PMT fell 3.68% to $13.62, Invesco Mortgage Capital Inc. IVR fell 2.96% to $14.09, and New York Mortgage Trust Inc. NYMT fell 2.84% to $2.74. Trading volume (1.9 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 14, 2022.
(END) Dow Jones Newswires
July 14, 2022 17:07 ET (21:07 GMT)
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