DJ MFA Financial Inc. Stock Rises Friday, Still Underperforms Market
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Shares of MFA Financial Inc. (MFA) rose 1.80% to $10.73 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 2.03% to 15,927.90 and the Dow Jones Industrial Average rising 0.40% to 38,239.66.
The stock's rise snapped a two-day losing streak.
MFA Financial Inc. closed $1.17 below its 52-week high ($11.90), which the company reached on December 26th.
The stock outperformed some of its competitors Friday, as PennyMac Mortgage Investment Trust $(PMT)$ fell 0.28% to $14.10, Invesco Mortgage Capital Inc. $(IVR)$ rose 1.54% to $8.56, and AGNC Investment Corp. $(AGNC)$ rose 0.97% to $9.33.
Trading volume (472,327) remained 218,245 below its 50-day average volume of 690,572.
Data source: Dow Jones Market Data, FactSet. Data compiled April 26, 2024.
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(END) Dow Jones Newswires
April 26, 2024 17:31 ET (21:31 GMT)
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