Why Invesco Mortgage Capital's Stock Dropped 11.8% in July

·2-min read
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. Invesco Mortgage Capital's stock price is down about 5% year to date as of Aug. 5, trading at just over $3 per share. Invesco Mortgage Capital is a mortgage real estate investment trust (REIT), which means it invests in mortgages, mortgage-backed securities, and other similar assets, and makes money through interest income.

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