Rithm Capital Corp. Stock Underperforms Wednesday When Compared To Competitors

Dow Jones
2024-09-26

DJ Rithm Capital Corp. Stock Underperforms Wednesday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Rithm Capital Corp. (RITM) slid 5.00% to $11.22 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.19% to 5,722.26 and Dow Jones Industrial Average falling 0.70% to 41,914.75.

Rithm Capital Corp. closed $0.80 short of its 52-week high ($12.02), which the company reached on September 19th.

The stock underperformed when compared to some of its competitors Wednesday, as Annaly Capital Management Inc. (NLY) fell 1.31% to $20.30, AGNC Investment Corp. $(AGNC)$ fell 0.96% to $10.37, and Starwood Property Trust Inc. (STWD) fell 2.06% to $20.49.

Trading volume (24.2 M) eclipsed its 50-day average volume of 2.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled September 25, 2024.

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(END) Dow Jones Newswires

September 25, 2024 17:34 ET (21:34 GMT)

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