DJ Rithm Capital Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Rithm Capital Corp. (RITM) inched 0.46% higher to $10.90 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.47% to 5,842.47 and the Dow Jones Industrial Average rising 0.79% to 43,077.70.
This was the stock's third consecutive day of gains.
Rithm Capital Corp. closed $1.12 short of its 52-week high ($12.02), which the company achieved on September 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Annaly Capital Management Inc. (NLY) rose 1.00% to $20.16, AGNC Investment Corp. $(AGNC)$ rose 0.38% to $10.49, and Starwood Property Trust Inc. (STWD) rose 1.45% to $20.31.
Trading volume (4.2 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 16, 2024.
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October 16, 2024 17:31 ET (21:31 GMT)
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