Energy News Today

Energy Transfer LP stock outperforms market on strong trading day


Shares of Energy Transfer LP
ET,

advanced 6.58% to $8.58 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
DJIA,
-0.15%

rising 1.46% to 32,297.02 and the NASDAQ Composite Index
COMP,
-1.31%

falling 0.04% to 13,068.83. The stock’s rise snapped a two-day losing streak. Energy Transfer LP closed $0.97 short of its 52-week high ($9.55), which the company reached on June 8th.

The stock outperformed some of its competitors Wednesday, as Enterprise Products Partners L.P.
EPD,
-0.48%

rose 1.00% to $23.25, Williams Cos.
WMB,
-0.32%

rose 3.57% to $24.40, and Kinder Morgan Inc.
KMI,
-0.37%

rose 3.64% to $16.24. Trading volume (29.3 M) eclipsed its 50-day average volume of 23.7 M.


Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.



Read More: Energy Transfer LP stock outperforms market on strong trading day

2021-03-10 15:53:00

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