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Shares of Diamondback Energy Inc. (FANG) shed 3.99% to $149.99 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.39% to 3,949.94 and Dow Jones Industrial Average falling 0.13% to 33,700.28. This was the stock's second consecutive day of losses. Diamondback Energy Inc. closed $18.96 below its 52-week high ($168.95), which the company reached on November 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Pioneer Natural Resources Co. (PXD) fell 2.17% to $244.51, Occidental Petroleum Corp. (OXY) fell 2.33% to $69.59, and Concho Resources Inc. fell 6.02% to $65.60. Trading volume (4.4 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2022.
(END) Dow Jones Newswires
November 21, 2022 16:53 ET (21:53 GMT)
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