Diamondback Energy (FANG) Stock Falls Amid Market Uptick: What Investors Need to Know
Diamondback Energy (FANG) closed the latest trading day at $136.65, indicating a -0.85% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.58%. At the same time, the Dow added 0.75%, and the tech-heavy Nasdaq gained 0.55%.Shares of the energy exploration and production company have depreciated by 13.8% over the course of the past month, underperforming the Oils-Energy sector's loss of 8.92% and the S&P 500's loss of 0.84%.The investment community will be closely monitorin ...