DJ Rithm Capital Corp. Stock Rises Tuesday, Still Underperforms Market
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Shares of Rithm Capital Corp. (RITM) inched 0.09% higher to $11.00 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.14% to 5,209.91 and the Dow Jones Industrial Average falling 0.02% to 38,883.67.
This was the stock's third consecutive day of gains.
Rithm Capital Corp. closed $0.33 short of its 52-week high ($11.33), which the company reached on March 27th.
The stock underperformed when compared to some of its competitors Tuesday, as Annaly Capital Management Inc. (NLY) rose 0.62% to $19.44, AGNC Investment Corp. $(AGNC)$ rose 0.82% to $9.78, and Starwood Property Trust Inc. (STWD) rose 0.56% to $19.89.
Trading volume (2.2 M) remained 1.5 million below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 9, 2024.
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(END) Dow Jones Newswires
April 09, 2024 17:34 ET (21:34 GMT)
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