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New Residential Investment Corp. stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of New Residential Investment Corp. NRZ, +0.70% inched 0.09% higher to $11.33 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, -0.82% rising 1.73% to 14,823.43 and the Dow Jones Industrial Average DJIA, +0.21% rising 1.56% to 34,912.56. This was the stock's eighth consecutive day of gains. New Residential Investment Corp. closed $0.15 below its 52-week high ($11.48), which the company reached on March 31st.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Realty Income Corp. O, +0.81% rose 1.25% to $69.62, New York Mortgage Trust Inc. NYMT, -0.45% fell 0.46% to $4.34, and Nam Tai Property Inc. NTP, -2.48% rose 4.58% to $26.69. Trading volume (2.4 M) remained 2.1 million below its 50-day average volume of 4.5 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.