This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Diamondback Energy Inc. (FANG) slipped 2.40% to $154.83 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.50% to 3,759.69 and Dow Jones Industrial Average falling 1.55% to 32,147.76. The stock's fall snapped a three-day winning streak. Diamondback Energy Inc. closed $7.41 short of 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) fell 0.00% to $252.92, Occidental Petroleum Corp. (OXY) fell 3.66% to $71.10, and Concho Resources Inc. fell 6.02% to $65.60. Trading volume (2.0 M) remained 413,085 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 2, 2022.
(END) Dow Jones Newswires
November 02, 2022 16:53 ET (20:53 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.