April 17, 2021

MP Now News

Mortgage News

Invesco Mortgage Capital Inc. stock falls Tuesday, underperforms market

Invesco Mortgage Capital Inc.
IVR,
-2.49%

The NASDAQ Composite Index was down 2.49% on Tuesday to $ 3.92. This proved to be an all-round dismal trading session for the stock market
COMP,
-1.12%

Down 1.12% to 13,227.70 and Dow Jones Industrial Average
DJIA,
-0.94%

Decline by 0.94% to 32,423.15. The fall in the stock sparked a two-day winning streak. Invesco Mortgage Capital Inc. closed $ 4.48 below its 52-week high ($ 8.40) the company hit on June 8th.

The stock had mixed performance against some of its competitors as PennyMac Mortgage Investment Trust on Tuesday
PMT,
-1.89%

fell 1.89% to $ 19.18, MFA Financial Inc.
MFA,
-3.60%

fell 3.60% to $ 4.02 and New York Mortgage Trust Inc.
NEW,
-3.22%

fell 3.22% to $ 4.51. The trading volume (6.5 million) remained 4.7 million below its 50-day average volume of 11.3 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.