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Shares of Diamondback Energy Inc. (FANG) rose 5.35% to $132.78 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.08% to 33,336.67 and the S&P 500 Index falling 0.07% to 4,207.27. This was the stock's fifth consecutive day of gains. Diamondback Energy Inc. closed $29.46 below its 52-week high ($162.24), which the company achieved on June 8th.
The stock outperformed some of its competitors Thursday, as Pioneer Natural Resources Co. (PXD) rose 4.90% to $228.48, Occidental Petroleum Corp. (OXY) rose 4.50% to $65.69, and Concho Resources Inc. fell 6.02% to $65.60. Trading volume (2.7 M) remained 387,460 below its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 11, 2022.
(END) Dow Jones Newswires
August 11, 2022 16:52 ET (20:52 GMT)
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