July 31, 2021

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Mortgage News

Invesco Mortgage Capital Inc. stock falls Monday, underperforms market

Invesco Mortgage Capital Inc.

The NASDAQ Composite Index fell 0.73% to $ 4.06 on Monday, which turned out to be an all-round positive trading session for the stock market
+ 1.67%

1.67% increase to 13,705.59 and the Dow Jones Industrial Average
+ 1.13%

Increase by 1.13% to 33,527.19. Invesco Mortgage Capital Inc. closed $ 4.34 below its 52-week high ($ 8.40) the company hit on June 8th.

The stock underperformed some of its competitors on Monday as Annaly Capital Management Inc.

fell 0.34% to $ 8.69, AGNC Investment Corp.

fell 0.09% to $ 17.00 and Starwood Property Trust Inc.
+ 0.08%

rose 0.08% to $ 24.80. The trading volume (5.9 million) remained 5.8 million below its 50-day average volume of 11.6 million.

Editor’s note: This story was generated automatically by Automated insights, an automation technology provider using data from Dow Jones and FactSet. See our terms of use for market data.