DJ Invesco Mortgage Capital Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Invesco Mortgage Capital Inc. $(IVR)$ sank 0.37% to $8.06 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.25% to 42,635.20 and the NASDAQ Composite Index falling 0.06% to 19,478.88.
This was the stock's third consecutive day of losses.
Invesco Mortgage Capital Inc. closed $1.91 short of its 52-week high ($9.97), which the company achieved on July 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as PennyMac Mortgage Investment Trust $(PMT)$ fell 0.56% to $12.41, AGNC Investment Corp. $(AGNC)$ fell 0.32% to $9.29, and MFA Financial Inc. (MFA) fell 1.00% to $9.95.
Trading volume (1.6 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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January 08, 2025 17:34 ET (22:34 GMT)
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