DJ Invesco Mortgage Capital Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Invesco Mortgage Capital Inc. $(IVR)$ rose 2.62% to $9.02 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.51% to 15,840.96 and the Dow Jones Industrial Average rising 0.85% to 38,225.66.
This was the stock's second consecutive day of gains.
Invesco Mortgage Capital Inc. closed $3.35 short of its 52-week high ($12.37), which the company achieved on July 27th.
The stock outperformed some of its competitors Thursday, as PennyMac Mortgage Investment Trust $(PMT)$ rose 1.19% to $14.50, AGNC Investment Corp. $(AGNC)$ rose 0.54% to $9.30, and MFA Financial Inc. (MFA) rose 1.11% to $10.91.
Trading volume (859,635) remained 64,191 below its 50-day average volume of 923,826.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2024.
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May 02, 2024 17:31 ET (21:31 GMT)
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