Rithm Capital Corp. Stock Outperforms Competitors On Strong Trading Day

Dow Jones03-22

DJ Rithm Capital Corp. Stock Outperforms Competitors On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Rithm Capital Corp. (RITM) inched 0.99% higher to $11.27 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.32% to 5,241.53 and the Dow Jones Industrial Average rising 0.68% to 39,781.37.

This was the stock's third consecutive day of gains.

Rithm Capital Corp. hit a new 52-week high, surpassing its previous peak of $11.20, which the company reached on March 20th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Annaly Capital Management Inc. (NLY) rose 0.81% to $20.01, AGNC Investment Corp. $(AGNC)$ rose 0.92% to $9.83, and Starwood Property Trust Inc. (STWD) rose 1.13% to $20.62.

Trading volume (2.8 M) remained 981,534 below its 50-day average volume of 3.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 21, 2024.

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March 21, 2024 17:35 ET (21:35 GMT)

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