XOM Stock – Kinder Morgan Inc. stock outperforms competitors despite losses on the day
Shares of Kinder Morgan Inc.
sank 0.63% to $15.68 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 0.76% to 3,910.52 and Dow Jones Industrial Average
falling 0.94% to 32,423.15. This was the stock’s second consecutive day of losses. Kinder Morgan Inc. closed $2.29 below its 52-week high ($17.97), which the company achieved on June 8th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Exxon Mobil Corp.
fell 1.23% to $55.22 and Enterprise Products Partners L.P.
fell 2.58% to $22.30. Trading volume (21.0 M) eclipsed its 50-day average volume of 17.4 M.