April 17, 2021

MP Now News

Mortgage News

Invesco Mortgage Capital Inc. stock outperforms competitors on strong trading day

Invesco Mortgage Capital Inc.
IVR,
+ 2.78%

The NASDAQ Composite Index rose 2.78% to $ 4.07 on Wednesday. This turned out to be an all around favorable trading session for the stock market
COMP,
+ 0.40%

Up 0.40% to 13,525.20 and the Dow Jones Industrial Average
DJIA,
+ 0.58%

Increase by 0.58% to 33,015.37. Invesco Mortgage Capital Inc. closed $ 4.33 below its 52-week high ($ 8.40) the company hit on June 8th.

The stock outperformed some of its competitors as PennyMac Mortgage Investment Trust on Wednesday
PMT,
+ 0.15%

rose 0.15% to $ 19.85, MFA Financial Inc.
MFA,
+ 2.35%

rose 2.35% to $ 4.36 and New York Mortgage Trust Inc.
NEW,
+ 1.29%

rose 1.29% to $ 4.70. The trading volume (9.5 million) remained 1.3 million below its 50-day average volume of 10.8 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.