DJ Diamondback Energy Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Diamondback Energy Inc. $(FANG.UK)$ inched 0.74% higher to $181.46 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
Diamondback Energy Inc. closed $33.04 below its 52-week high ($214.50), which the company reached on July 17th.
The stock underperformed when compared to some of its competitors Wednesday, as EOG Resources Inc. $(EOG)$ rose 0.78% to $136.23, Devon Energy Corp. $(DVN)$ rose 1.03% to $38.30, and Occidental Petroleum Corp. $(OXY)$ rose 0.81% to $50.91.
Trading volume (1.6 M) remained 857,785 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:52 ET (21:52 GMT)
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