Diamondback Energy Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Diamondback Energy Inc. (FANG) slid 2.38% to $142.00 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.79% to 3,998.84 and Dow Jones Industrial Average falling 1.40% to 33,947.10. Diamondback Energy Inc. closed $26.95 below its 52-week high ($168.95), which the company achieved on November 15th.
Despite its losses, the stock outperformed some of its competitors Monday, as EOG Resources Inc. (EOG) fell 3.48% to $134.14, Pioneer Natural Resources Co. (PXD) fell 3.78% to $230.37, and Devon Energy Corp. (DVN) fell 2.79% to $66.55.true Trading volume (2.5 M) remained 15,610 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 5, 2022.
(END) Dow Jones Newswires
December 05, 2022 16:59 ET (21:59 GMT)
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