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Shares of Diamondback Energy Inc. FANG slipped 4.83% to $121.38 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.56% to 4,155.17 and the Dow Jones Industrial Average DJIA rising 1.29% to 32,812.50. Diamondback Energy Inc. closed $40.86 below 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 Wednesday, as Pioneer Natural Resources Co. PXD fell 3.17% to $220.68, Occidental Petroleum Corp. OXY fell 6.26% to $60.99, and Concho Resources Inc. CXO fell 6.02% to $65.60. Trading volume (2.6 M) remained 534,473 below its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 3, 2022.
(END) Dow Jones Newswires
August 03, 2022 16:53 ET (20:53 GMT)
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