OXY Stock – Diamondback Energy Inc. stock underperforms Monday when compared to competitors
Shares of Diamondback Energy Inc.
slid 2.05% to $74.24 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.30% to 33,171.37 and the S&P 500 Index
falling 0.09% to 3,971.09. Diamondback Energy Inc. closed $14.51 short of its 52-week high ($88.75), which the company reached on March 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Pioneer Natural Resources Co.
fell 1.54% to $162.28, Occidental Petroleum Corp.
fell 2.74% to $27.00, and Concho Resources Inc.
fell 6.02% to $65.60. Trading volume (1.8 M) remained 1.3 million below its 50-day average volume of 3.1 M.