DJ Rithm Capital Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Rithm Capital Corp. (RITM) slid 0.18% to $11.24 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.15% to 5,291.34 and the Dow Jones Industrial Average rising 0.36% to 38,711.29.
The stock's fall snapped a three-day winning streak.
Rithm Capital Corp. closed $0.36 below its 52-week high ($11.60), which the company achieved on May 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Annaly Capital Management Inc. (NLY) fell 0.70% to $19.78, AGNC Investment Corp. $(AGNC)$ remained unchanged, and Starwood Property Trust Inc. (STWD) fell 1.33% to $19.32.
Trading volume (2.1 M) remained 770,603 below its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 4, 2024.
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(END) Dow Jones Newswires
June 04, 2024 17:34 ET (21:34 GMT)
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