DJ Diamondback Energy Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Diamondback Energy Inc. $(FANG.UK)$ rose 2.42% to $130.22 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.24% to 5,275.70 and Dow Jones Industrial Average falling 1.73% to 39,669.39.
The stock's rise snapped a two-day losing streak.
Diamondback Energy Inc. closed 39.29% below its 52-week high of $214.50, which the company reached on July 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as EOG Resources Inc. $(EOG)$ rose 1.63% to $108.24, Devon Energy Corp. $(DVN)$ rose 2.70% to $29.30, and Occidental Petroleum Corp. $(OXY)$ rose 1.72% to $38.45.
Trading volume (2.0 M) remained 952,432 below its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2025.
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(END) Dow Jones Newswires
April 16, 2025 16:54 ET (20:54 GMT)
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