Diamondback Energy (FANG) Outperforms Broader Market: What You Need to Know

Diamondback Energy (FANG) closed at $162.01 in the latest trading session, marking a +0.22% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.03%. Meanwhile, the Dow gained 0.28%, and the Nasdaq, a tech-heavy index, lost 0.36%.Shares of the energy exploration and production company witnessed a loss of 8.98% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 0.76% and the S&P 500's gain of 4.19%.Market participants will b ...