MFA Financial Inc. stock underperforms Wednesday when compared to competitors
Published: Feb. 28, 2024 at 5:32 p.m. ET
Shares of MFA Financial Inc. MFA dropped 0.83% to $10.75 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.55% to 15,947.74 and Dow Jones Industrial Average DJIA falling 0.06% to 38,949.02.
This was the stock’s fourth consecutive day of losses.
MFA Financial…
Shares of MFA Financial Inc.
MFA
dropped 0.83% to $10.75 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
COMP
falling 0.55% to 15,947.74 and Dow Jones Industrial Average
DJIA
falling 0.06% to 38,949.02.
This was the stock’s fourth consecutive day of losses.
MFA Financial Inc. closed $1.15 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 Wednesday, as PennyMac Mortgage Investment Trust
PMT
remained unchanged, Invesco Mortgage Capital Inc.
IVR
fell 1.25% to $8.70, and AGNC Investment Corp.
AGNC
fell 0.63% to $9.39.
Trading volume (483,457) remained 423,776 below its 50-day average volume of 907,233.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
