Shares of Diamondback Energy Inc. FANG, -0.09% slid 0.09% to $126.66 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +1.22% rising 1.22% to 4,425.84 and the Dow Jones Industrial Average DJIA, +1.26% rising 1.26% to 34,408.06.
This was the stock’s second consecutive day of losses.
Diamondback Energy Inc. closed $42.29 below its 52-week high ($168.95), which the company achieved on November 15th.
The stock underperformed when compared to some of its competitors Thursday, as EOG Resources Inc. EOG, +0.93% rose 0.93% to $111.70, Pioneer Natural Resources Co. PXD, +1.00% rose 1.00% to $203.29, and Devon Energy Corp. DVN, +1.33% rose 1.33% to $49.60.
Trading volume (3.0 M) eclipsed its 50-day average volume of 1.8 M.