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Shares of Diamondback Energy Inc. (FANG) inched 0.31% higher to $153.82 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.46% to 3,901.06 and the Dow Jones Industrial Average rising 2.59% to 32,861.80. Diamondback Energy Inc. closed $8.42 below its 52-week high ($162.24), which the company achieved on June 8th.
The stock outperformed some of its competitors Friday, as Pioneer Natural Resources Co. (PXD) fell 3.21% to $257.31, Occidental Petroleum Corp. (OXY) fell 0.04% to $71.84, and Concho Resources Inc. fell 6.02% to $65.60. Trading volume (2.0 M) remained 410,412 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2022.
(END) Dow Jones Newswires
October 28, 2022 16:53 ET (20:53 GMT)
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