Annaly Capital Hits 52-Week High: What Does it Mean for Investors?

Key Takeaways NLY reached a 52-week high of $22.80 during Wednesday's session before closing at $22.67.Lower mortgage rates and a scaled MSR platform are helping support NLY's portfolio stability.NLY trades above industry P/B levels, while market volatility may weigh on near-term performance.Annaly Capital Management, Inc. (NLY) shares touched a new 52-week high of $22.80 during Wednesday's trading session. However, the stock closed the session a little lower at $22.67.Over the past three months, NLY shares ...