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Shares of MFA Financial Inc. MFA sank 0.70% to $11.42 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP falling 1.87% to 11,834.11 and Dow Jones Industrial Average DJIA falling 0.43% to 31,899.29. The stock's fall snapped a three-day winning streak. MFA Financial Inc. closed $7.98 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 Friday, as PennyMac Mortgage Investment Trust PMT fell 0.96% to $14.49, Invesco Mortgage Capital Inc. IVR fell 0.06% to $15.86, and New York Mortgage Trust Inc. NYMT remained unchanged. Trading volume (756,817) remained 946,902 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 22, 2022.
(END) Dow Jones Newswires
July 22, 2022 17:07 ET (21:07 GMT)
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