DJ Rithm Capital Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Rithm Capital Corp. (RITM) rose 2.01% to $11.65 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 2.13% to 5,638.94 and the Dow Jones Industrial Average rising 1.65% to 41,488.19.
The stock's rise snapped a two-day losing streak.
Rithm Capital Corp. closed 4.47% short of its 52-week high of $12.20, which the company reached on March 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Annaly Capital Management Inc. (NLY) rose 2.42% to $21.61, AGNC Investment Corp. $(AGNC)$ rose 1.99% to $10.24, and Starwood Property Trust Inc. (STWD) rose 1.94% to $19.93.
Trading volume (2.7 M) remained 1.2 million below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 14, 2025.
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(END) Dow Jones Newswires
March 14, 2025 17:28 ET (21:28 GMT)
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