DJ Rithm Capital Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of Rithm Capital Corp. (RITM) slid 1.04% to $10.48 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.41% to 5,728.80 and the Dow Jones Industrial Average rising 0.69% to 42,052.19.
This was the stock's second consecutive day of losses.
Rithm Capital Corp. closed $1.54 below its 52-week high ($12.02), which the company reached on September 19th.
The stock underperformed when compared to some of its competitors Friday, as Annaly Capital Management Inc. (NLY) fell 0.26% to $18.96, AGNC Investment Corp. $(AGNC)$ remained unchanged, and Starwood Property Trust Inc. (STWD) fell 0.05% to $19.73.
Trading volume (6.7 M) eclipsed its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 1, 2024.
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(END) Dow Jones Newswires
November 01, 2024 17:31 ET (21:31 GMT)
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