DJ MFA Financial Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of MFA Financial Inc. (MFA) rose 2.13% to $10.07 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 2.45% to 19,511.23 and the Dow Jones Industrial Average rising 1.65% to 43,221.55.
This was the stock's second consecutive day of gains.
MFA Financial Inc. closed 25.13% below its 52-week high of $13.45, which the company achieved on September 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as PennyMac Mortgage Investment Trust $(PMT)$ rose 2.12% to $12.52, Invesco Mortgage Capital Inc. $(IVR)$ rose 2.33% to $7.91, and AGNC Investment Corp. $(AGNC)$ rose 1.62% to $9.39.
Trading volume (719,795) remained 396,614 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 15, 2025.
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(END) Dow Jones Newswires
January 15, 2025 18:08 ET (23:08 GMT)
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