Invesco Mortgage Capital Inc. inventory underperforms Wednesday when in comparison with opponents – MarketWatch

August 18, 2022 By admin

Shares of Invesco Mortgage Capital Inc. IVR, -0.48% shed 1.81% to $16.77 Wednesday, on what proved to be an all-around tough buying and selling session for the inventory market, with the NASDAQ Composite Index COMP, +0.21% falling 1.25% to 12,938.12 and Dow Jones Industrial Common DJIA, +0.06% falling 0.50% to 33,980.32. Invesco Mortgage Capital Inc. closed $17.23 under its 52-week excessive ($34.00), which the corporate reached on November fifth.
The inventory underperformed when in comparison with a few of its opponents Wednesday, as Annaly Capital Administration Inc. NLY, -0.15% fell 0.74% to $6.74, AGNC Funding Corp. AGNC, -0.31% fell 0.63% to $12.72, and Starwood Property Belief Inc. STWD, -0.87% fell 0.90% to $24.12. Buying and selling quantity (736,936) remained 799,087 under its 50-day common quantity of 1.5 M.
Editor’s Be aware: This story was auto-generated by Automated Insights, an automation expertise supplier, utilizing knowledge from Dow Jones and FactSet. See our market knowledge phrases of use.
Shares have roared again from their mid-June lows however have run into stiff resistance at a key transferring common for the S&P 500.

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