DJ MFA Financial Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of MFA Financial Inc. (MFA) slipped 7.22% to $11.43 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 2.95% to 18,983.47 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
The stock's fall snapped a two-day winning streak.
MFA Financial Inc. closed $2.02 short of its 52-week high ($13.45), which the company achieved on September 19th.
The stock underperformed when compared to some of its competitors Wednesday, as PennyMac Mortgage Investment Trust $(PMT)$ rose 0.52% to $13.44, Invesco Mortgage Capital Inc. $(IVR)$ fell 1.84% to $7.99, and AGNC Investment Corp. $(AGNC)$ fell 1.47% to $9.38.
Trading volume (3.4 M) eclipsed its 50-day average volume of 751,575.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 17:30 ET (22:30 GMT)
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