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Shares of MFA Financial Inc. (MFA) inched 0.42% higher to $12.07 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.09% to 32,832.54 and the NASDAQ Composite Index falling 0.10% to 12,644.46. The stock's rise snapped a four-day losing streak. MFA Financial Inc. closed $7.33 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 Monday, as PennyMac Mortgage Investment Trust (PMT) fell 1.23% to $15.29, Invesco Mortgage Capital Inc. (IVR) rose 0.34% to $17.51, and New York Mortgage Trust Inc. (NYMT) rose 2.03% to $3.02. Trading volume (1.5 M) remained 110,975 below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 8, 2022.
(END) Dow Jones Newswires
August 08, 2022 17:07 ET (21:07 GMT)
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