Energy Transfer LP stock rises Friday, still underperforms market
Shares of Energy Transfer LP
ET,
+1.66%
advanced 1.66% to $9.82 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
COMP,
+1.79%
rising 1.79% to 11,452.42 and the Dow Jones Industrial Average
DJIA,
+2.15%
rising 2.15% to 31,288.26. Energy Transfer LP closed $2.66 below its 52-week high ($12.48), which the company achieved on May 5th.
The stock outperformed some of its competitors Friday, as Enterprise Products Partners L.P.
EPD,
+0.20%
rose 0.20% to $24.52, Williams Cos.
WMB,
+0.74%
rose 0.74% to $31.38, and Kinder Morgan Inc.
KMI,
+1.09%
rose 1.09% to $16.76. Trading volume (12.9 M) remained 10.6 million below its 50-day average volume of 23.5 M.
Read More: Energy Transfer LP stock rises Friday, still underperforms market
2022-07-15 15:51:00