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Shares of Diamondback Energy Inc. (FANG) rallied 1.46% to $123.14 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.09% to 32,832.54 and the S&P 500 Index falling 0.12% to 4,140.06. This was the stock's second consecutive day of gains. Diamondback Energy Inc. closed $39.10 below its 52-week high ($162.24), which the company reached on June 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Pioneer Natural Resources Co. (PXD) fell 0.00% to $217.14, Occidental Petroleum Corp. (OXY) rose 1.75% to $60.04, and Concho Resources Inc. fell 6.02% to $65.60. Trading volume (2.5 M) remained 650,298 below its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 8, 2022.
(END) Dow Jones Newswires
August 08, 2022 16:52 ET (20:52 GMT)
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