DJ Diamondback Energy Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Diamondback Energy Inc. $(FANG.UK)$ shed 1.93% to $153.06 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the S&P 500 Index falling 0.09% to 5,867.08.
This was the stock's second consecutive day of losses.
Diamondback Energy Inc. closed $61.44 short of its 52-week high ($214.50), which the company achieved on July 17th.
The stock underperformed when compared to some of its competitors Thursday, as EOG Resources Inc. $(EOG)$ fell 1.18% to $118.22, Devon Energy Corp. $(DVN)$ fell 1.86% to $30.52, and Occidental Petroleum Corp. $(OXY)$ fell 1.43% to $45.36.
Trading volume (2.9 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.
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(END) Dow Jones Newswires
December 19, 2024 16:55 ET (21:55 GMT)
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