September 28, 2021

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Mortgage News

Invesco Mortgage Capital Inc. stock underperforms Friday when compared to competitors

Invesco Mortgage Capital Inc.
IVR,
-0.87%

fell 0.87% to $ 3.42 on Friday in what turned out to be an all-round cheap trading session for the stock market on the NASDAQ Composite Index
COMP,
+ 1.04%

rises 1.04% to 14,836.99 and the Dow Jones Industrial Average
DJIA,
+ 0.68%

increased by 0.68% to 35,061.55. This was the second consecutive day of losses for the stock. Invesco Mortgage Capital Inc. closed $ 1.18 below its 52-week high ($ 4.60) the company hit on June 10th.

The stock underperformed some of its peers on Friday, like Annaly Capital Management Inc.
NLY,
-0.59%

fell 0.59% to $ 8.39, AGNC Investment Corp.
AGNC,
-0.49%

fell 0.49% to $ 16.12 and Starwood Property Trust Inc.
STWD,
+ 0.04%

rose 0.04% to $ 25.74. The trading volume (3.6 million) remained 12.4 million below its 50-day average volume of 16.0 million.

Editor’s note: This story was created automatically by Automated insights, an automation technology provider using data from Dow Jones and FactSet. See our Market Data Terms of Use.