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Shares of Diamondback Energy Inc. (FANG) rose 1.32% to $155.38 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 31,839.11 and the S&P 500 Index falling 0.74% to 3,830.60. This was the stock's eighth consecutive day of gains. Diamondback Energy Inc. closed $6.86 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 Wednesday, as Pioneer Natural Resources Co. (PXD) rose 0.25% to $265.49, Occidental Petroleum Corp. (OXY) rose 2.01% to $72.52, and Concho Resources Inc. fell 6.02% to $65.60. Trading volume (1.7 M) remained 714,618 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 26, 2022.
(END) Dow Jones Newswires
October 26, 2022 16:53 ET (20:53 GMT)
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