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Shares of Diamondback Energy Inc. (FANG) rose 2.14% to $157.11 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.75% to 3,871.98 and Dow Jones Industrial Average falling 0.39% to 32,732.95. This was the stock's second consecutive day of gains. Diamondback Energy Inc. closed $5.13 short of its 52-week high ($162.24), which the company achieved on June 8th.
The stock outperformed some of its competitors Monday, as Pioneer Natural Resources Co. (PXD) fell 0.35% to $256.41, Occidental Petroleum Corp. (OXY) rose 1.06% to $72.60, and Concho Resources Inc. fell 6.02% to $65.60. Trading volume (2.0 M) remained 349,553 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 31, 2022.
(END) Dow Jones Newswires
October 31, 2022 16:53 ET (20:53 GMT)
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