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Shares of MFA Financial Inc. (MFA) sank 0.08% to $12.02 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.23% to 32,803.47 and the NASDAQ Composite Index falling 0.50% to 12,657.55. This was the stock's fourth consecutive day of losses. MFA Financial Inc. closed $7.38 below 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) rose 1.84% to $15.48, Invesco Mortgage Capital Inc. (IVR) rose 6.34% to $17.45, and New York Mortgage Trust Inc. (NYMT) fell 1.00% to $2.96. Trading volume (2.4 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 5, 2022.
(END) Dow Jones Newswires
August 05, 2022 17:07 ET (21:07 GMT)
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