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Shares of MFA Financial Inc. MFA inched 0.86% higher to $12.96 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.88% to 12,390.69 and the Dow Jones Industrial Average DJIA rising 0.97% to 32,845.13. This was the stock's fifth consecutive day of gains. MFA Financial Inc. closed $6.44 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 0.26% to $15.36, Invesco Mortgage Capital Inc. IVR rose 1.72% to $17.70, and New York Mortgage Trust Inc. NYMT fell 0.95% to $3.14. Trading volume (1.8 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 29, 2022.
(END) Dow Jones Newswires
July 29, 2022 17:07 ET (21:07 GMT)
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