Invesco Mortgage Capital Inc.
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
Up 0.40% to 13,525.20 and the Dow Jones Industrial Average
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
rose 0.15% to $ 19.85, MFA Financial Inc.
rose 2.35% to $ 4.36 and New York Mortgage Trust Inc.
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.