DJ Invesco Mortgage Capital Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Invesco Mortgage Capital Inc. $(IVR)$ rallied 2.33% to $7.91 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 2.45% to 19,511.23 and the Dow Jones Industrial Average rising 1.65% to 43,221.55.
This was the stock's second consecutive day of gains.
Invesco Mortgage Capital Inc. closed 20.66% short of its 52-week high of $9.97, which the company reached on July 17th.
The stock outperformed some of its competitors Wednesday, as PennyMac Mortgage Investment Trust $(PMT)$ rose 2.12% to $12.52, AGNC Investment Corp. $(AGNC)$ rose 1.62% to $9.39, and MFA Financial Inc. (MFA) rose 2.13% to $10.07.
Trading volume (1.4 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 15, 2025.
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January 15, 2025 18:07 ET (23:07 GMT)
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