DJ Invesco Mortgage Capital Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Invesco Mortgage Capital Inc. $(IVR)$ slid 1.27% to $8.55 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 2.04% to 15,657.82 and Dow Jones Industrial Average falling 1.49% to 37,815.92.
The stock's fall snapped a two-day winning streak.
Invesco Mortgage Capital Inc. closed $3.82 short of its 52-week high ($12.37), which the company reached on July 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as PennyMac Mortgage Investment Trust $(PMT)$ fell 1.14% to $13.85, AGNC Investment Corp. $(AGNC)$ fell 0.97% to $9.15, and MFA Financial Inc. (MFA) fell 1.58% to $10.59.
Data source: Dow Jones Market Data, FactSet. Data compiled April 30, 2024.
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(END) Dow Jones Newswires
April 30, 2024 17:30 ET (21:30 GMT)
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