DJ Rithm Capital Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Rithm Capital Corp. (RITM) slipped 0.67% to $11.81 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.29% to 5,618.26 and Dow Jones Industrial Average falling 0.25% to 41,503.10.
This was the stock's second consecutive day of losses.
Rithm Capital Corp. closed $0.16 below its 52-week high ($11.97), which the company achieved on September 17th.
The stock underperformed when compared to some of its competitors Wednesday, as Annaly Capital Management Inc. (NLY) rose 0.53% to $20.82, AGNC Investment Corp. $(AGNC)$ rose 0.95% to $10.66, and Starwood Property Trust Inc. (STWD) rose 1.12% to $20.79.
Trading volume (3.0 M) eclipsed its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 18, 2024.
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(END) Dow Jones Newswires
September 18, 2024 17:33 ET (21:33 GMT)
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