DJ MFA Financial Inc. Stock Rises Monday, Still Underperforms Market
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Shares of MFA Financial Inc. (MFA) inched 0.19% higher to $10.41 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.98% to 19,764.89 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.
This was the stock's second consecutive day of gains.
MFA Financial Inc. closed $3.04 below 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 $(PMT)$ fell 0.62% to $12.90, Invesco Mortgage Capital Inc. $(IVR)$ fell 1.67% to $8.23, and AGNC Investment Corp. $(AGNC)$ remained unchanged.
Trading volume (1.2 M) eclipsed its 50-day average volume of 927,148.
Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 2024.
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(END) Dow Jones Newswires
December 23, 2024 17:34 ET (22:34 GMT)
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