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Shares of Diamondback Energy Inc. FANG slid 3.51% to $106.71 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.30% to 3,790.38 and Dow Jones Industrial Average DJIA falling 0.46% to 30,630.17. Diamondback Energy Inc. closed $55.53 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 Thursday, as Pioneer Natural Resources Co. PXD fell 2.56% to $205.44, Occidental Petroleum Corp. OXY fell 1.34% to $57.23, and Concho Resources Inc. CXO fell 6.02% to $65.60. Trading volume (3.0 M) remained 352,764 below its 50-day average volume of 3.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 14, 2022.
(END) Dow Jones Newswires
July 14, 2022 16:53 ET (20:53 GMT)
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