DJ MFA Financial Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of MFA Financial Inc. (MFA) inched 0.49% higher to $12.32 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.43% to 18,439.17 and the Dow Jones Industrial Average rising 1.02% to 42,221.88.
This was the stock's second consecutive day of gains.
MFA Financial Inc. closed $1.13 short of its 52-week high ($13.45), which the company reached on September 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as PennyMac Mortgage Investment Trust $(PMT)$ fell 0.37% to $13.37, Invesco Mortgage Capital Inc. $(IVR)$ rose 0.87% to $8.14, and AGNC Investment Corp. $(AGNC)$ rose 1.82% to $9.52.
Trading volume (650,423) remained 100,429 below its 50-day average volume of 750,852.
Data source: Dow Jones Market Data, FactSet. Data compiled November 5, 2024.
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November 05, 2024 17:29 ET (22:29 GMT)
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