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MFA Financial Inc. Stock Rises Thursday, Still Underperforms Market

DowjonesNews MarketWatch ·  2021/10/28 17:09

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of MFA Financial Inc. (MFA) inched 0.22% higher to $4.54 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.39% to 15,448.12 and the Dow Jones Industrial Average rising 0.68% to 35,730.48. The stock's rise snapped a four-day losing streak. MFA Financial Inc. closed $0.36 below its 52-week high ($4.90), which the company achieved on June 9th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as PennyMac Mortgage Investment Trust (PMT) rose 0.40% to $20.18, Invesco Mortgage Capital Inc. (IVR) fell 0.32% to $3.16, and New York Mortgage Trust Inc. (NYMT) rose 1.38% to $4.42. Trading volume (2.1 M) remained 569,573 below its 50-day average volume of 2.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2021.

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