Why Diamondback Energy (FANG) Dipped More Than Broader Market Today
Diamondback Energy(FANG) Zacks Investment Research·2024-02-06 08:01
The latest trading session saw Diamondback Energy (FANG) ending at $149.62, denoting a -0.4% adjustment from its last day's close. The stock's change was less than the S&P 500's daily loss of 0.32%. Elsewhere, the Dow saw a downswing of 0.71%, while the tech-heavy Nasdaq depreciated by 0.2%.Heading into today, shares of the energy exploration and production company had lost 3.67% over the past month, lagging the Oils-Energy sector's loss of 2.12% and the S&P 500's gain of 4.59% in that time.Analysts and inv ...