DJ Rithm Capital Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Rithm Capital Corp. (RITM) advanced 2.78% to $11.45 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.55% to 5,611.85 and the Dow Jones Industrial Average rising 1.00% to 42,001.76.
The stock's rise snapped a four-day losing streak.
Rithm Capital Corp. closed 6.11% short of its 52-week high of $12.20, which the company achieved on March 3rd.
The stock outperformed some of its competitors Monday, as Annaly Capital Management Inc. (NLY) rose 1.75% to $20.31, AGNC Investment Corp. $(AGNC)$ rose 1.91% to $9.58, and Starwood Property Trust Inc. (STWD) rose 2.07% to $19.77.
Trading volume (6.9 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 31, 2025.
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(END) Dow Jones Newswires
March 31, 2025 17:30 ET (21:30 GMT)
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