DJ Rithm Capital Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Rithm Capital Corp. (RITM) inched 0.84% higher to $10.79 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.33% to 5,813.67 and Dow Jones Industrial Average falling 0.22% to 42,141.54.
This was the stock's second consecutive day of gains.
Rithm Capital Corp. closed $1.23 short of its 52-week high ($12.02), which the company reached on September 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Annaly Capital Management Inc. (NLY) rose 0.78% to $19.33, AGNC Investment Corp. $(AGNC)$ rose 0.73% to $9.61, and Starwood Property Trust Inc. (STWD) rose 1.16% to $20.13.
Trading volume (4.2 M) remained 44,671 below its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 30, 2024.
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(END) Dow Jones Newswires
October 30, 2024 17:31 ET (21:31 GMT)
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