Shares of Energy Transfer LP ET, -0.10% slumped 0.10% to $9.93 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -0.64% falling 0.64% to 14,486.20 and Dow Jones Industrial Average DJIA, -0.72% falling 0.72% to 34,496.06. The stock’s fall snapped a two-day winning streak. Energy Transfer LP closed $1.62 below its 52-week high ($11.55), which the company achieved on June 14th.
The stock underperformed when compared to some of its competitors Monday, as Enterprise Products Partners L.P. EPD, -0.04% fell 0.04% to $23.50, Williams Cos. WMB, +1.09% rose 1.09% to $28.63, and Kinder Morgan Inc. KMI, +1.55% rose 1.55% to $17.74. Trading volume (13.9 M) eclipsed its 50-day average volume of 13.7 M.