Diamondback Energy Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Diamondback Energy Inc. (FANG) slid 2.82% to $145.64 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.28% to 4,147.60 and the Dow Jones Industrial Average rising 0.11% to 34,128.05. Diamondback Energy Inc. closed $23.31 short of its 52-week high ($168.95), which the company reached on November 15th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as EOG Resources Inc. (EOG) fell 3.46% to $128.53, Pioneer Natural Resources Co. (PXD) fell 5.49% to $220.90, and Devon Energy Corp. (DVN) fell 10.49% to $57.23.true Trading volume (4.0 M) eclipsed its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 15, 2023.
(END) Dow Jones Newswires
February 15, 2023 16:54 ET (21:54 GMT)
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