Invesco Mortgage Capital Inc. stock rises Friday, outperforms market
Mortgage

Invesco Mortgage Capital Inc. stock rises Friday, outperforms market


Published: March 31, 2023 at 5:05 p.m. ET

Shares of Invesco Mortgage Capital Inc. IVR rose 3.07% to $11.09 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.74% to 12,221.91 and the Dow Jones Industrial Average DJIA rising 1.26% to 33,274.15. This was the stock’s third consecutive day of gains. Invesco Mortgage Capital Inc. closed $12.91 short of its 52-week high ($24.00), which the company achieved on April 5th.

The stock outperformed some of its competitors Friday, as PennyMac…

Shares of Invesco Mortgage Capital Inc.

IVR

rose 3.07% to $11.09 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index

COMP

rising 1.74% to 12,221.91 and the Dow Jones Industrial Average

DJIA

rising 1.26% to 33,274.15. This was the stock’s third consecutive day of gains. Invesco Mortgage Capital Inc. closed $12.91 short of its 52-week high ($24.00), which the company achieved on April 5th.

The stock outperformed some of its competitors Friday, as PennyMac Mortgage Investment Trust

PMT

rose 2.66% to $12.33, AGNC Investment Corp.

AGNC

rose 1.72% to $10.08, and MFA Financial Inc.

MFA

rose 2.80% to $9.92. Trading volume (891,970) remained 59,168 below its 50-day average volume of 951,138.


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.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *