July 31, 2021

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Mortgage News

Invesco Mortgage Capital Inc. stock falls Wednesday, still outperforms market

Invesco Mortgage Capital Inc.

The NASDAQ Composite Index lost 1.02% to $ 3.88 on Wednesday. This was an all-around grim trading session for the stock market with the NASDAQ Composite Index

Down 2.01% to 12,961.89 and the Dow Jones Industrial Average

falling 0.01% to 32,420.06. This was the second consecutive day of losses. Invesco Mortgage Capital Inc. closed $ 4.52 below its 52-week high ($ 8.40) the company hit on June 8th.

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

fell 0.79% to $ 8.74, AGNC Investment Corp.

fell 0.06% to $ 16.55 and Starwood Property Trust Inc.
+ 0.37%

rose 0.37% to $ 24.36. The trading volume (9.0 million) remained 2.2 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.