Shares of Energy Transfer LP ET slipped 0.16% to $6.17 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.28% to 12,355.11 and the Dow Jones Industrial Average DJIA rising 0.63% to 29,823.92. This was the stock's fourth consecutive day of losses. Energy Transfer LP closed $7.69 below its 52-week high ($13.86), which the company achieved on January 6th.
The stock underperformed when compared to some of its competitors Tuesday, as MGM Resorts International MGM rose 1.98% to $28.81, Churchill Downs Inc. CHDN rose 1.65% to $182.88, and Boyd Gaming Corp. BYD rose 0.55% to $38.70. Trading volume (19.5 M) remained 3.7 million below its 50-day average volume of 23.2 M.