Shares of MFA Financial Inc.
MFA,
rose 3.39% to $4.58 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index
COMP,
rising 0.49% to 13,881.72 and the Dow Jones Industrial Average
DJIA,
falling 0.36% to 34,630.24. This was the stock’s second consecutive day of gains. MFA Financial Inc. hit a new 52-week high, surpassing its previous peak of $4.47, which the company reached on May 18th.
The stock outperformed some of its competitors Monday, as PennyMac Mortgage Investment Trust
PMT,
rose 2.06% to $20.35, Invesco Mortgage Capital Inc.
IVR,
rose 1.79% to $3.42, and New York Mortgage Trust Inc.
NYMT,
rose 1.31% to $4.64. Trading volume (7.0 M) eclipsed its 50-day average volume of 3.0 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.
