DJ Invesco Mortgage Capital Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Invesco Mortgage Capital Inc. $(IVR)$ slid 1.42% to $8.34 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.20% to 19,391.96 and Dow Jones Industrial Average falling 0.28% to 44,421.91.
The stock's fall snapped a two-day winning streak.
Invesco Mortgage Capital Inc. closed 16.35% below its 52-week high of $9.97, which the company reached on July 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as PennyMac Mortgage Investment Trust $(PMT)$ fell 1.84% to $13.35, AGNC Investment Corp. $(AGNC)$ fell 0.20% to $9.95, and MFA Financial Inc. (MFA) fell 1.05% to $10.39.
Trading volume (989,802) remained 342,143 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 3, 2025.
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February 03, 2025 17:27 ET (22:27 GMT)
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