MFA Financial Inc. stock falls Friday, underperforms market - MarketWatch
Shares of MFA Financial Inc. MFA, -1.27% shed 1.27% to $4.67 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP, -0.71% falling 0.71% to 14,672.68 and Dow Jones Industrial Average DJIA, -0.42% falling 0.42% to 34,935.47. The stock's fall snapped a two-day winning streak. MFA Financial Inc. closed $0.23 below its 52-week high ($4.90), which the company reached on June 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as PennyMac Mortgage Investment Trust PMT, -1.00% fell 1.00% to $19.72, Invesco Mortgage Capital Inc. IVR, -1.15% fell 1.15% to $3.44, and New York Mortgage Trust Inc. NYMT, -2.02% fell 2.02% to $4.37. Trading volume (3.0 M) remained 569,101 below its 50-day average volume of 3.6 M.