Shares of Energy Transfer LP ET rallied 5.80% to $6.93 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.70% to 12,464.23 and the Dow Jones Industrial Average DJIA rising 0.83% to 30,218.26. This was the stock's third consecutive day of gains. Energy Transfer LP closed $6.93 below its 52-week high ($13.86), which the company achieved on January 6th.
The stock outperformed some of its competitors Friday, as MGM Resorts International MGM rose 2.71% to $30.72, Churchill Downs Inc. CHDN rose 3.51% to $189.29, and Boyd Gaming Corp. BYD rose 5.38% to $42.30. Trading volume (29.8 M) eclipsed its 50-day average volume of 23.5 M.