DJ MFA Financial Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of MFA Financial Inc. (MFA) inched 0.29% higher to $10.22 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.16% to 19,280.79 and Dow Jones Industrial Average falling 0.36% to 42,392.27.
The stock's rise snapped a four-day losing streak.
MFA Financial Inc. closed $3.23 short of its 52-week high ($13.45), which the company achieved on September 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as PennyMac Mortgage Investment Trust $(PMT)$ fell 0.24% to $12.56, Invesco Mortgage Capital Inc. $(IVR)$ rose 1.37% to $8.16, and AGNC Investment Corp. $(AGNC)$ rose 0.76% to $9.28.
Trading volume (956,415) remained 37,651 below its 50-day average volume of 994,066.
Data source: Dow Jones Market Data, FactSet. Data compiled January 2, 2025.
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(END) Dow Jones Newswires
January 02, 2025 17:35 ET (22:35 GMT)
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