Published on 9 Apr 2022 on Market Watch
Shares of New Residential Investment Corp. inched 0.68% higher to $10.32 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.40% to 34,721.12 and the NASDAQ Composite Index falling 1.34% to 13,711.00. The stock's rise snapped a three-day losing streak. New Residential Investment Corp. closed $1.49 below its 52-week high ($11.81), which the company reached on November 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Realty Income Corp. rose 0.75% to $72.16, New York Mortgage Trust Inc. rose 1.18% to $3.44, and Nam Tai Property Inc. fell 3.86% to $7.47. Trading volume (3.9 M) remained 1.8 million below its 50-day average volume of 5.7 M.