Diamondback Energy Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Diamondback Energy Inc. (FANG) slipped 0.56% to $142.74 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.53% to 3,986.37 and Dow Jones Industrial Average falling 1.72% to 32,856.46. This was the stock's second consecutive day of losses. Diamondback Energy Inc. closed $26.21 short of its 52-week high ($168.95), which the company achieved on November 15th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as EOG Resources Inc. (EOG) fell 2.19% to $118.26, Pioneer Natural Resources Co. (PXD) fell 1.56% to $206.33, and Devon Energy Corp. (DVN) fell 2.58% to $55.03.true Trading volume (2.7 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 7, 2023.
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March 07, 2023 16:55 ET (21:55 GMT)
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