April 28, 2024
Mortgage

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


Published: Feb. 29, 2024 at 5:31 p.m. ET

Shares of Invesco Mortgage Capital Inc. IVR advanced 3.79% to $9.03 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.90% to 16,091.92 and the Dow Jones Industrial Average DJIA rising 0.12% to 38,996.39.

Invesco Mortgage Capital Inc. closed $3.44 short of its 52-week high ($12.47), which the company achieved on March 3rd.

The…

Shares of Invesco Mortgage Capital Inc.

IVR

advanced 3.79% to $9.03 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index

COMP

rising 0.90% to 16,091.92 and the Dow Jones Industrial Average

DJIA

rising 0.12% to 38,996.39.

Invesco Mortgage Capital Inc. closed $3.44 short of its 52-week high ($12.47), which the company achieved on March 3rd.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as PennyMac Mortgage Investment Trust

PMT

rose 2.32% to $14.13, AGNC Investment Corp.

AGNC

rose 1.81% to $9.56, and MFA Financial Inc.

MFA

rose 4.37% to $11.22.

Trading volume (1.2 M) remained 130,163 below its 50-day average volume of 1.3 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



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