Invesco Mortgage Capital Inc. stock outperforms market on strong trading day

Shares of Invesco Mortgage Capital Inc.

inched 0.72% higher to $13.96 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index

falling 1.24% to 10,957.01 and Dow Jones Industrial Average

falling 1.81% to 33,296.96. Invesco Mortgage Capital Inc. closed $13.54 short of its 52-week high ($27.50), which the company achieved on February 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as PennyMac Mortgage Investment Trust

rose 0.34% to $14.60, AGNC Investment Corp.

rose 1.34% to $11.36, and MFA Financial Inc.

rose 1.62% to $11.29. Trading volume (865,701) eclipsed its 50-day average volume of 780,360.

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.

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