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Shares of Diamondback Energy Inc. (FANG) rose 1.73% to $160.28 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 5.54% to 3,956.37 and the Dow Jones Industrial Average rising 3.70% to 33,715.37. Diamondback Energy Inc. closed $6.10 short of its 52-week high ($166.38), which the company achieved on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Pioneer Natural Resources Co. (PXD) rose 1.53% to $245.45, Occidental Petroleum Corp. (OXY) rose 3.75% to $70.48, and Concho Resources Inc. fell 6.02% to $65.60. Trading volume (2.1 M) remained 239,739 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 10, 2022.
(END) Dow Jones Newswires
November 10, 2022 16:53 ET (21:53 GMT)
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