AGNC Investment Corp. Stock Plummets Over 6% in Morning Trading

Shares of AGNC Investment Corp. (NasdaqGS: AGNC) experienced a sharp sell-off during Tuesday morning’s trading session, falling significantly below the $8 mark.

As of 11:03:42 AM EDT on April 9th, the mortgage real estate investment trust (mREIT) was trading at 

$7.98\ast \ast pershare.Thisrepresentsasubstantialdeclineof\ast \ast$

0.56, translating to a drop of -6.55% for the day.

The downturn marks a considerable move from the stock’s previous close of $8.54. AGNC stock opened the day at $8.41 and briefly touched $8.43 before commencing a steep descent, hitting a low of $7.97 so far. Trading volume was high, exceeding 24 million shares, indicating significant investor activity as the stock price trends downwards in the US market.