DJ Diamondback Energy Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Diamondback Energy Inc. $(FANG.UK)$ shed 2.13% to $151.92 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.37% to 43,621.16 and the S&P 500 Index falling 0.47% to 5,955.25.
This was the stock's third consecutive day of losses.
Diamondback Energy Inc. closed 29.17% below its 52-week high of $214.50, which the company achieved on July 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as EOG Resources Inc. $(EOG)$ fell 1.73% to $131.32, Devon Energy Corp. $(DVN)$ fell 3.83% to $35.88, and Occidental Petroleum Corp. $(OXY)$ fell 1.95% to $48.89.
Trading volume (4.6 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 25, 2025.
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February 25, 2025 16:51 ET (21:51 GMT)
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