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Shares of Diamondback Energy Inc. FANG inched 0.03% higher to $116.33 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.08% to 3,899.38 and Dow Jones Industrial Average DJIA falling 0.15% to 31,338.15. This was the stock's second consecutive day of gains. Diamondback Energy Inc. closed $45.91 short of its 52-week high ($162.24), which the company achieved on June 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Pioneer Natural Resources Co. PXD rose 0.38% to $217.50, Occidental Petroleum Corp. OXY fell 1.30% to $60.67, and Concho Resources Inc. CXO fell 6.02% to $65.60. Trading volume (2.3 M) remained 990,593 below its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 8, 2022.
(END) Dow Jones Newswires
July 08, 2022 16:53 ET (20:53 GMT)
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