What To Do With Williams Now?
- The stock price continues plunging ahead of the finalization of the merger with ETE.
- The deal complexity and required cash portion of the transaction were signals to avoid the stock.
- Williams doesn't trade at enough of a discount to warrant owning the stock prior to the merger closing in early 2016.
The energy sector, and especially the infrastructure space, is in the midst of a massive collapse. One stock caught up in the carnage is Williams Cos. (NYSE:WMB), with the stock down 13% on Monday and nearly $10 in the previous four trading days before a rebound on Tuesday.
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