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Shares of MFA Financial Inc. MFA advanced 5.41% to $12.85 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.08% to 12,162.59 and the Dow Jones Industrial Average DJIA rising 1.03% to 32,529.63. This was the stock's fourth consecutive day of gains. MFA Financial Inc. closed $6.55 below its 52-week high ($19.40), which the company achieved on September 2nd.
The stock outperformed some of its competitors Thursday, as PennyMac Mortgage Investment Trust PMT rose 3.29% to $15.40, Invesco Mortgage Capital Inc. IVR rose 4.44% to $17.40, and New York Mortgage Trust Inc. NYMT rose 4.28% to $3.17. Trading volume (1.6 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 28, 2022.
(END) Dow Jones Newswires
July 28, 2022 17:07 ET (21:07 GMT)
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