Diamondback Energy Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Diamondback Energy Inc. (FANG) inched 0.53% higher to $145.46 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.10% to 34,429.88 and the S&P 500 Index falling 0.12% to 4,071.70. Diamondback Energy Inc. closed $23.49 below its 52-week high ($168.95), which the company achieved on November 15th.
The stock outperformed some of its competitors Friday, as EOG Resources Inc. (EOG) fell 1.12% to $138.97, Pioneer Natural Resources Co. (PXD) rose 0.14% to $239.41, and Devon Energy Corp. (DVN) rose 0.26% to $68.46. Trading volume (2.4 M) remained 88,851 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2022.
(END) Dow Jones Newswires
December 02, 2022 17:00 ET (22:00 GMT)
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