Shares of Invesco Mortgage Capital Inc.
slipped 1.27% to $3.88 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
falling 0.36% to 13,850.00 and Dow Jones Industrial Average
falling 0.16% to 33,745.40. This was the stock’s fourth consecutive day of losses. Invesco Mortgage Capital Inc. closed $4.52 below its 52-week high ($8.40), which the company reached on June 8th.
The stock underperformed when compared to some of its competitors Monday, as Annaly Capital Management Inc.
rose 0.92% to $8.74, AGNC Investment Corp.
rose 0.64% to $17.17, and Starwood Property Trust Inc.
rose 0.36% to $24.93. Trading volume (4.5 M) remained 5.3 million below its 50-day average volume of 9.9 M.