DJ MFA Financial Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of MFA Financial Inc. (MFA) inched 0.66% higher to $12.26 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.33% to 18,179.98 and Dow Jones Industrial Average falling 0.61% to 41,794.60.
The stock's rise snapped a two-day losing streak.
MFA Financial Inc. closed $1.19 short of its 52-week high ($13.45), which the company reached on September 19th.
The stock outperformed some of its competitors Monday, as PennyMac Mortgage Investment Trust $(PMT)$ rose 0.22% to $13.42, Invesco Mortgage Capital Inc. $(IVR)$ rose 0.12% to $8.07, and AGNC Investment Corp. $(AGNC)$ rose 0.43% to $9.35.
Trading volume (741,089) remained 7,921 below its 50-day average volume of 749,010.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.
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(END) Dow Jones Newswires
November 04, 2024 17:28 ET (22:28 GMT)
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