DJ Diamondback Energy Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Diamondback Energy Inc. $(FANG.UK)$ slipped 3.19% to $176.60 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
The stock's fall snapped a three-day winning streak.
Diamondback Energy Inc. closed $37.90 below its 52-week high ($214.50), which the company reached on July 17th.
The stock underperformed when compared to some of its competitors Friday, as EOG Resources Inc. $(EOG)$ fell 0.47% to $134.56, Devon Energy Corp. $(DVN)$ fell 2.31% to $38.47, and Occidental Petroleum Corp. $(OXY)$ fell 1.38% to $49.97.
Trading volume (2.1 M) remained 406,363 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 16:52 ET (21:52 GMT)
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