MFA Financial Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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MFA Financial Inc. (MFA) shares rose 1.25% to $9.69 on Friday, amid a positive trading session for the stock market, with the NASDAQ up 0.81% and the Dow Jones up 0.48%. Despite this gain, MFA underperformed compared to competitors like PennyMac Mortgage Investment Trust (PMT), which rose 2.51%, and AGNC Investment Corp. (AGNC), which rose 1.97%. MFA remains 12.55% below its 52-week high of $11.08, achieved on March 20th, with trading volume at 2.2 million, surpassing its 50-day average of 1.2 million.
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