Diamondback Energy Inc. Stock Outperforms Market On Strong Trading Day
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Shares of Diamondback Energy Inc. (FANG) rose 1.80% to $146.76 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.61% to 4,045.64 and the Dow Jones Industrial Average rising 1.17% to 33,390.97. Diamondback Energy Inc. closed $22.19 below 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 Friday, as EOG Resources Inc. (EOG) rose 0.80% to $121.77, Pioneer Natural Resources Co. (PXD) rose 2.75% to $209.83, and Devon Energy Corp. (DVN) rose 1.74% to $56.67. Trading volume (3.4 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2023.
(END) Dow Jones Newswires
March 03, 2023 16:55 ET (21:55 GMT)
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