Diamondback Energy Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Diamondback Energy Inc. (FANG) rose 3.14% to $141.60 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.53% to 4,012.32 and the Dow Jones Industrial Average rising 0.33% to 33,153.91. This was the stock's second consecutive day of gains. Diamondback Energy Inc. closed $27.35 below its 52-week high ($168.95), which the company reached on November 15th.
The stock outperformed some of its competitors Thursday, as EOG Resources Inc. (EOG) rose 1.67% to $119.53, Pioneer Natural Resources Co. (PXD) fell 0.10% to $205.06, and Devon Energy Corp. (DVN) rose 2.63% to $55.00. Trading volume (2.9 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 23, 2023.
(END) Dow Jones Newswires
February 23, 2023 16:53 ET (21:53 GMT)
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