Diamondback Energy Inc. Stock Underperforms Monday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Diamondback Energy Inc. (FANG) slid 3.22% to $131.54 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.15% to 3,855.76 and Dow Jones Industrial Average falling 0.28% to 31,819.14. This was the stock's sixth consecutive day of losses. Diamondback Energy Inc. closed $37.41 short of its 52-week high ($168.95), which the company reached on November 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as EOG Resources Inc. (EOG) fell 2.75% to $109.10, Pioneer Natural Resources Co. (PXD) fell 1.72% to $195.36, and Devon Energy Corp. (DVN) fell 3.44% to $49.98. Trading volume (3.0 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 13, 2023 16:54 ET (20:54 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.