AGNC Investment is trading at $8.88, up 4.16%, on November 4 amid a broad-market rally as investors reacted to easing election uncertainty and expectations of congressional gridlock.

  • Major U.S. indexes were sharply higher, and REITs also gained.
  • On November 3, AGNC authorized up to $1 billion in buybacks at prices at or below book value; available reporting does not establish the authorization as the cause of this session’s move.