DJ Invesco Mortgage Capital Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Invesco Mortgage Capital Inc. $(IVR)$ rallied 1.37% to $8.16 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.
This was the stock's second consecutive day of gains.
Invesco Mortgage Capital Inc. closed $1.81 short of its 52-week high ($9.97), which the company achieved on July 17th.
The stock outperformed some of its competitors Thursday, as PennyMac Mortgage Investment Trust $(PMT)$ fell 0.24% to $12.56, AGNC Investment Corp. $(AGNC)$ rose 0.76% to $9.28, and MFA Financial Inc. (MFA) rose 0.29% to $10.22.
Trading volume (1.5 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 2, 2025.
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January 02, 2025 17:34 ET (22:34 GMT)
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