Viper Energy Partners LP (NASDAQ:VNOM) Slips Lower Pre-Market

Investors are watching Viper Energy Partners LP (NASDAQ:VNOM) ahead of the market open as shares are gapping down -8.33% with the stock currently sitting at $14.82.

Investors might be trying to figure out an investment plan that is right for them. Some may opt to go with a short-term plan, and others may choose to invest in stocks for the long haul. The thought of creating a defined plan may be overwhelming to some. Comparing the plusses and minuses of both may be a good way to start forming a strategy. Investing for the short-term may offer chances to capitalize on gains over a few weeks or months. There may be more fluctuations to deal with in the short-term, but the rewards may be greater if managed properly. One drawback of investing for the short-term is that it may involve more risk. The element of correct timing comes into play when trying to enter or exit a position, which may not be for everyone. Investing for the long-term may be a safer way to go as investors are typically looking for smaller gains over a longer period of time.


HISTORICAL GROWTH

Viper Energy Partners LP (NASDAQ:VNOM)’s performance this year to date is 1.25%.  The stock has performed 1.06% over the last seven days, 0.50% over the last thirty, and -10.25% over the last three months.  Over the last six months, Viper Energy Partners LP’s stock has been -3.40% and -15.01% for the year.

SMA Watch
 Viper Energy Partners LP’s 20-Day Simple Moving Average is -5.88%.  Extending back, their 50-Day Simple Moving Average is -11.33%, looking even further back, their 200-Day Simple Moving Average stands at -11.14%.  

Disclaimer: Nothing contained in this publication is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.

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