DJ Diamondback Energy Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Diamondback Energy Inc. $(FANG.UK)$ slid 3.84% to $132.35 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.36% to 5,158.20 and Dow Jones Industrial Average falling 2.48% to 38,170.41.
The stock's fall snapped a two-day winning streak.
Diamondback Energy Inc. closed 38.30% short of its 52-week high of $214.50, which the company reached on July 17th.
The stock underperformed when compared to some of its competitors Monday, as EOG Resources Inc. $(EOG)$ fell 1.26% to $109.11, Devon Energy Corp. $(DVN)$ fell 2.74% to $29.48, and Occidental Petroleum Corp. $(OXY)$ fell 1.74% to $39.02.
Trading volume (2.2 M) remained 856,998 below its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 21, 2025.
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(END) Dow Jones Newswires
April 21, 2025 16:51 ET (20:51 GMT)
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