IVR - Why Invesco Mortgage Capital's Stock Dropped 11.8% in July
Invesco Mortgage Capital (NYSE: IVR) had a difficult month in July as its share price fell 11.8% in that span, according to S&P Global Market Intelligence .
It trailed the major U.S. stock market benchmark, the S&P 500 , which was up 2.3% last month, as well as the S&P 600 Small Cap Index, which was down 2.4% in July.
Invesco Mortgage Capital's stock price is down about 5% year to date as of Aug. 5, trading at just over $3 per share.
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Why Invesco Mortgage Capital's Stock Dropped 11.8% in July