Plains GP Stock Drops After Holiday Break — What the Move Signals Now
Plains GP Holdings LP shares fell 1.7% to $25.51 Tuesday, underperforming the broader market as pipeline stocks slipped after the Memorial Day break. No new company news was posted, with the latest update remaining the May 12 sale of its Canadian NGL business for $3.3 billion. Plains All American Pipeline dropped 2.4%. PAGP traded near the top of its 52-week range.