Shares of Energy Transfer LP ET rallied 3.48% to $6.55 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP rising 0.23% to 12,377.18 and the Dow Jones Industrial Average DJIA rising 0.29% to 29,969.52. This was the stock's second consecutive day of gains. Energy Transfer LP closed $7.31 below its 52-week high ($13.86), which the company reached on January 6th.
The stock outperformed some of its competitors Thursday, as MGM Resorts International MGM rose 1.91% to $29.91, Churchill Downs Inc. CHDN rose 1.91% to $182.88, and Boyd Gaming Corp. BYD rose 2.84% to $40.14. Trading volume (24.5 M) eclipsed its 50-day average volume of 23.3 M.