Diamondback Energy shares are trading lower following a report suggesting that the FTC is probing the company over OPEC communications.
Portfolio Pulse from Benzinga Newsdesk
Diamondback Energy shares are trading lower following a report suggesting that the FTC is probing the company over OPEC communications.
July 19, 2024 | 7:54 pm
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NEGATIVE IMPACT
Diamondback Energy (FANG) shares are trading lower due to an FTC probe into the company's communications with OPEC.
The FTC probe into Diamondback Energy's communications with OPEC raises regulatory concerns, leading to a negative market reaction and a drop in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100