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Shares of Diamondback Energy Inc. FANG advanced 5.78% to $119.99 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.13% to 3,966.84 and the Dow Jones Industrial Average DJIA rising 0.28% to 31,990.04. The stock's rise snapped a two-day losing streak. Diamondback Energy Inc. closed $42.25 short of its 52-week high ($162.24), which the company reached on June 8th.
The stock outperformed some of its competitors Monday, as Pioneer Natural Resources Co. PXD rose 5.61% to $221.57, Occidental Petroleum Corp. OXY rose 5.49% to $64.41, and Concho Resources Inc. CXO fell 6.02% to $65.60. Trading volume (2.9 M) remained 335,092 below its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 25, 2022.
(END) Dow Jones Newswires
July 25, 2022 16:52 ET (20:52 GMT)
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