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Shares of Diamondback Energy Inc. FANG slid 1.43% to $118.28 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 1.15% to 3,921.05 and Dow Jones Industrial Average DJIA falling 0.71% to 31,761.54. Diamondback Energy Inc. closed $43.96 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 Tuesday, as Pioneer Natural Resources Co. PXD fell 1.35% to $218.58, Occidental Petroleum Corp. OXY fell 3.63% to $62.07, and Concho Resources Inc. CXO fell 6.02% to $65.60. Trading volume (1.9 M) remained 1.3 million below its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 26, 2022.
(END) Dow Jones Newswires
July 26, 2022 16:53 ET (20:53 GMT)
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