Shares of Invesco Mortgage Capital Inc.
shed 2.11% to $3.71 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index
falling 0.92% to 13,786.27 and Dow Jones Industrial Average
falling 0.75% to 33,821.30. This was the stock’s second consecutive day of losses. Invesco Mortgage Capital Inc. closed $4.69 short of its 52-week high ($8.40), which the company reached on June 8th.
The stock underperformed when compared to some of its competitors Tuesday, as Annaly Capital Management Inc.
fell 0.45% to $8.76, AGNC Investment Corp.
fell 0.12% to $17.32, and Starwood Property Trust Inc.
fell 1.26% to $24.99. Trading volume (7.0 M) remained 2.2 million below its 50-day average volume of 9.2 M.