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Shares of Diamondback Energy Inc. (FANG) inched 0.97% higher to $151.44 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.36% to 4,003.58 and the Dow Jones Industrial Average rising 1.18% to 34,098.10. The stock's rise snapped a two-day losing streak. Diamondback Energy Inc. closed $17.51 short of its 52-week high ($168.95), which the company achieved on November 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Pioneer Natural Resources Co. (PXD) rose 2.69% to $251.08, Occidental Petroleum Corp. (OXY) rose 4.57% to $72.77, and Concho Resources Inc. fell 6.02% to $65.60. Trading volume (2.9 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2022.
(END) Dow Jones Newswires
November 22, 2022 16:53 ET (21:53 GMT)
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