DJ MFA Financial Inc. Stock Rises Tuesday, Still Underperforms Market
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Shares of MFA Financial Inc. (MFA) inched 0.56% higher to $10.83 Tuesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.75% to 16,511.18 and the Dow Jones Industrial Average rising 0.32% to 39,558.11.
MFA Financial Inc. closed $1.07 below its 52-week high ($11.90), which the company reached on December 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as PennyMac Mortgage Investment Trust $(PMT)$ rose 0.41% to $14.73, Invesco Mortgage Capital Inc. $(IVR)$ remained unchanged, and AGNC Investment Corp. $(AGNC)$ rose 0.62% to $9.76.
Trading volume (472,209) remained 138,584 below its 50-day average volume of 610,793.
Data source: Dow Jones Market Data, FactSet. Data compiled May 14, 2024.
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(END) Dow Jones Newswires
May 14, 2024 17:32 ET (21:32 GMT)
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