Shares of ONEOK Inc. /zigman2/quotes/205201756/composite OKE +1.40% slipped 1.97% to $60.21 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +1.73% falling 0.97% to 4,532.76 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.11% falling 0.96% to 35,028.65. This was the stock's second consecutive day of losses. ONEOK Inc. closed $6.57 short of its 52-week high ($66.78), which the company reached on October 26th.
The stock underperformed when compared to some of its competitors Wednesday, as Sempra /zigman2/quotes/206074517/composite SRE +1.02% rose 0.11% to $135.87, Atmos Energy Corp. /zigman2/quotes/204989507/composite ATO +0.29% fell 0.07% to $105.34, and UGI Corp. /zigman2/quotes/208122248/composite UGI +1.25% fell 0.56% to $46.07. Trading volume (3.2 M) eclipsed its 50-day average volume of 2.4 M.