Diamondback Energy Inc. Stock Rises Monday, Outperforms Market
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Shares of Diamondback Energy Inc. (FANG) rose 2.02% to $125.61 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. Diamondback Energy Inc. closed $43.34 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 Monday, as EOG Resources Inc. (EOG) rose 2.63% to $105.45, Pioneer Natural Resources Co. (PXD) rose 2.66% to $186.89, and Devon Energy Corp. (DVN) rose 1.84% to $47.00. Trading volume (2.6 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
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March 20, 2023 16:54 ET (20:54 GMT)
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