September 26, 2021

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Mortgage News

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

Invesco Mortgage Capital Inc.
IVR,
-2.11%

The NASDAQ Composite Index lost 2.11% to $ 3.71 on Tuesday in what turned out to be an all-round gloomy trading session for the stock market
COMP,
-0.92%

Down 0.92% to 13,786.27 and Dow Jones Industrial Average
DJIA,
-0.75%

Decrease of 0.75% to 33,821.30. This was the second consecutive day of losses. Invesco Mortgage Capital Inc. closed $ 4.69 below its 52-week high ($ 8.40) the company hit on June 8th.

The stock underperformed some of its competitors on Tuesday as Annaly Capital Management Inc.
NLY,
-0.45%

fell 0.45% to $ 8.76, AGNC Investment Corp.
AGNC,
-0.12%

fell 0.12% to $ 17.32 and Starwood Property Trust Inc.
STWD,
-1.26%

fell 1.26% to $ 24.99. The trading volume (7.0 million) remained 2.2 million below its 50-day average volume of 9.2 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.