Shares of Invesco Mortgage Capital Inc.
shed 7.21% to $3.99 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index
falling 0.71% to 14,072.86 and Dow Jones Industrial Average
falling 0.27% to 34,299.33. Invesco Mortgage Capital Inc. closed $1.54 short of its 52-week high ($5.53), which the company achieved on June 16th.
The stock underperformed when compared to some of its competitors Tuesday, as Annaly Capital Management Inc.
fell 0.75% to $9.23, AGNC Investment Corp.
fell 1.47% to $17.37, and Starwood Property Trust Inc.
fell 1.17% to $26.26. Trading volume (35.5 M) eclipsed its 50-day average volume of 12.2 M.