Kinder Morgan stock slides 2.20% but outperforms rivals
Updated
Updated · MarketWatch · May 6
Kinder Morgan stock slides 2.20% but outperforms rivals
9 articles · Updated · MarketWatch · May 6
Shares closed at $31.58 on Wednesday, while the S&P 500 rose 1.46% and the Dow gained 1.24% in a broadly positive market session.
The decline marked Kinder Morgan's fourth straight daily loss, though it fell less than Enterprise Products Partners, Williams Cos. and Phillips 66.
The stock finished 9.06% below its 52-week high of $34.73 reached on 27 March, and trading volume of 12.8 million was slightly below its 50-day average.
With strong earnings and a rising dividend, why has Kinder Morgan's stock dropped for four straight days?
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