DJ Rithm Capital Corp. Stock Rises Thursday, Still Underperforms Market
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Shares of Rithm Capital Corp. (RITM) inched 0.85% higher to $11.91 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.70% to 5,713.64 and the Dow Jones Industrial Average rising 1.26% to 42,025.19.
The stock's rise snapped a two-day losing streak.
Rithm Capital Corp. closed $0.08 short of its 52-week high ($11.99), which the company reached on September 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Annaly Capital Management Inc. (NLY) fell 0.10% to $20.80, AGNC Investment Corp. $(AGNC)$ fell 0.94% to $10.56, and Starwood Property Trust Inc. (STWD) rose 1.54% to $21.11.
Trading volume (3.2 M) eclipsed its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 19, 2024.
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(END) Dow Jones Newswires
September 19, 2024 17:34 ET (21:34 GMT)
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